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Bitcoin forgets Strategic Reserve 'sell the news event' with 4% bounce

cryptoweekly by cryptoweekly
March 7, 2025
in bitcoin, News
0

Bitcoin bulls are already reclaiming a BTC price slide which came after the Bitcoin Strategic Reserve executive order fell short of market expectations.

Bitcoin (BTC) rebounded 4% on Mar, 7 as markets shook off disappointment over the US Strategic Bitcoin Reserve.

BTC/USD 1-day chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD recovering from local lows of $84,713 on Bitstamp.

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Recent Posts
  • Apple makes progress toward its first pair of smart glasses: Report
  • AI decentralized apps are coming for the Web3 throne: DappRadar
  • Zerebro dev is reportedly alive and at parents’ house: SF Standard
  • Bitcoin at $103K hurtles MARA stack toward $5B, holdings triple
  • Rumble CEO confirms Tether-collab crypto wallet to launch in Q3
  • US man who sent crypto to ISIS could serve prison till he’s 65
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