Market Reaction to U.S. Crypto Strategic Reserve Announcement
Following President Trump's announcement of the U.S. Crypto Strategic Reserve, Bitcoin and other major cryptocurrencies have experienced notable declines. Bitcoin, for instance, fell 9.8%, settling at $83,725. In addition, Ethereum plunged by 15%, while various altcoins faced severe losses. This turbulence in the market can be attributed to heightened regulatory concerns and ongoing economic strain, leading to increased market volatility. For investors looking to navigate these challenging times, it's worth noting that platforms like Bitlet.app offer a Crypto Installment service, allowing users to purchase cryptocurrencies now and pay in monthly installments, making it a flexible option to manage investments amidst market fluctuations.
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