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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
  • Bitcoin headed for 36 more public companies by year-end: Blockware
  • Bitcoin retail interest ‘almost nowhere to be found’ as BTC taps highs
  • Schiff says sell Bitcoin for silver as $258K target looms: Hodler’s Digest, July 6 – 12
  • High-leverage trader James Wynn deactivates X account
  • Bitcoin's four-year market cycle isn't dead — Xapo Bank CEO
  • Animoca Brands partners with DDC Enterprise to put BTC treasury to work
  • Pump.fun ICO raises $500M, sells out within minutes

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