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CNBC: Cryptocurrency Market Volatility Intensifies After Trump Signs Strategic Bitcoin Reserve Executive Order

BlockBeats News, March 10th, according to CNBC's report, Bitcoin fell on Monday as market sentiment was impacted after President Trump signed an executive order to create the U.S. Strategic Bitcoin Reserve.

The reserve will be funded by Bitcoin seized in criminal and civil forfeiture cases, and currently, the U.S. government does not have plans to purchase more Bitcoin. Following the announcement of the strategic reserve last week, cryptocurrency prices dropped as investors were disappointed with the lack of more aggressive measures in the plan.

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On-Chain Activity

3h ago

SolanaDoomer opened a short position on 500 BTC with 40x leverage, with cumulative historical profits of approximately $21.32 million.

4h ago

Trader AguilaTrades' 40x BTC short position is only 0.44% away from liquidation, with cumulative losses of approximately $39.09 million.

4h ago

Strobe Fund completes ENA liquidation, distributing total sales of approximately $32.95 million

6h ago

F2Pool co-founder Wang Chun withdrew and staked 3,996 ETH, valued at $8.23 million.

24H Important News

2026-11-12

Nasdaq gains expand to 2%, Philadelphia Semiconductor Index surges 7%, CoreWeave jumps over 25%.

Aave V3.8 adds reentrancy protection to pools, now live on 15 V3 markets.

Berkshire outperformed the S&P 500 by about 19.2 percentage points over the past month, marking its largest rolling monthly excess performance since 2010.

Trader AguilaTrades' 40x BTC short position is only 0.44% away from liquidation, with cumulative losses of approximately $39.09 million.

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