Bitcoin unexpectedly plunged to $91,200, sending the crypto market into a sea of red.

As the race to establish Bitcoin reserve funds gains momentum across U.S. states—spurred by Donald Trump’s vision of a national “Strategic Bitcoin Reserve”—Montana has hit an unexpected roadblock.

The state’s ambitious Bill 429, which sought to create a special revenue account for investing in precious metals, stablecoins, and high-market-cap cryptocurrencies, failed to pass the House. Despite Bitcoin being the only asset that met the bill’s stringent market cap requirement of $750 billion, the proposal was rejected in a 41-59 vote, with several Republican lawmakers opposing the measure in the most recent session.