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Bitcoin recently hit a four-month low, reaching $76,867 before rebounding to just above $80,000. This decline is attributed to investor disappointment over President Donald Trump's announcement of a Bitcoin reserve that lacked plans for active government purchasing, coupled with broader market concerns over tariffs and economic slowdown. Analysts suggest that continued volatility is expected, and a short-term rebound would require an unforeseen positive trigger.
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U.S. Ends War on Crypto – President Trump declared that the U.S. government is no longer against crypto. He also announced plans for a Bitcoin reserve and a digital asset stockpile from seized crypto funds.