Bitcoin turns lower as optimism fades on Trump's crypto reserve plan
Cătălin Roșioru
NEW YORK :Bitcoin backpedaled on Monday after an early rise following U.S. President Donald Trump's weekend proposal for a national strategic reserve of cryptocurrencies. Optimism on digital currency after Trump's Sunday post on Truth Social turned to caution as market participants awaited more details about this crypto initiative. The world's largest cryptocurrency, bitcoin, was up 1 per cent from Friday's levels at $87,235, but down 7.6 per cent from its high during Sunday's rally of almost
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