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Over $1B Got Rekt in the Past 24 Hours: What’s Incoming for the Bitcoin Statergic Reserve?

  • The announcement of 25% tariffs by US President Donald Trump on Canada and Mexico has caused a drop in the traditional and crypto markets.
  • Bitcoin and Ethereum prices experienced a significant pullback, falling below their psychological barriers.
  • The excitement over the creation of a Bitcoin strategic reserve was short-lived, as uncertainty remains in the market.
  • The formation of the strategic reserve is expected to take time and face parliamentary approval.

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