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Bitcoin Sinks After Trump’s Executive Order Disappoints Market - BLOOMBERG
- Crypto czar Sacks announces cryptocurrency plans on X
- No plan to spend taxpayer money on crypto, Sacks says
US President Donald Trump has signed an executive order to set up a strategic Bitcoin reserve and a stockpile of other digital assets, according to a post on X by White House crypto czar David Sacks.
Bitcoin and other tokens fell as Sacks said that taxpayer money would not be spent to acquire cryptocurrencies for either.