Trump establishes strategic bitcoin reserve ahead of crypto summit


Bitcoin (BTC-USD) prices are hovering above their flatline this morning after President Trump signed an executive order to establish a strategic bitcoin reserve for the US on Thursday. This all comes ahead of the White House’s hosting its first-ever crypto summit on Friday.

Yahoo Finance senior reporter Jennifer Schonberger outlines the details of the US crypto reserve and what to expect from today’s crypto summit and its notable attendees.

To watch more expert insights and analysis on the latest market action, check out more Catalysts here.

This post was written by Luke Carberry Mogan.



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