The government seems to be amassing more Bitcoin. But little work seems to be happening to enact the terms of the executive order Trump signed to start the ‘strategic reserve.’ Last March, President Donald Trump signed an executive order declaring that the government would launch a strategic reserve of Bitcoin.

President Donald Trump said on Jan. 30 that he will nominate former Fed governor Kevin Warsh to succeed Jerome Powell as chair when Powell’s term ends in May. Trump announced the decision in a post on Truth Social, calling Warsh:

The Fed pays banks $200 billion annually under a system Congress never authorized. For 18 years, no one has stopped it. Bitcoin's rules work differently.

Bitcoin’s drop coincided with a sharp “risk-off” move across global markets. U.S. equities slid late last week, led by steep losses in technology stocks after Microsoft’s earnings disappointed investors. That weakness spilled into European and Asian markets on Monday, while traditional safe havens also came under pressure.

Donald Trump has threatened Jerome Powell with a criminal investigation — but it hasn’t stopped the Federal Reserve chair holding firm on interest rates, in a move that’ll affect Bitcoin.On Wednesday night,

With a notable 40% decline from its 2025 peak, Bitcoin has fallen to the $75,000-$77,000 level, indicating a wider cooling period for the whole digital

SINGAPORE, Jan 30 (Reuters) - Bitcoin slumped to a two-month low on Friday as speculation the next chair of the U.S. Federal Reserve might tighten up on cash in the financial system hit cryptocurrencies and lifted the dollar.