By coinnews 
Despite President Trump’s groundbreaking Executive Order establishing a strategic bitcoin reserve, the price of bitcoin has failed to surpass $85K.
On March 7, President Trump hosted the first ever White House Crypto Summit. At the event, Gemini co-founder Tyler Winklevoss said, “The U.S. should win crypto.”
Everything appears to be ideal. The Trump administration is strongly pro-crypto, and we are experiencing the most favorable regulatory environment in U.S. history.
Instead, Bitcoin has hit a standstill. Why isn’t it surging, and what’s at stake?
The overall economy still plays a significant role. In February 2025, Bitcoin was at $99K, but by March 10, it had dropped to $77K — its lowest point. Since then, it has bounced back to around $84K, holding steady.
The drop isn’t because of regulatory issues but more due to more considerable economic factors.
Things like tariffs, inflation, rising interest rates, and job layoffs make investors more cautious. When money gets tight, investors who need cash tend to sell risky assets like Bitcoin, even though it has strong long-term potential. High-volatility assets are usually the first to go when cash flow shrinks.
ARK Invest, an investment management firm known for investing in more volatile assets aptly stated, “The market for Bitcoin is subject to rapid changes and uncertainty.”
Bitcoin is being used more as a store of value, but it still acts like a risky asset when the economy is shaky.
Its big jump from $53K in September 2024 to $109K in January 2025 means many early investors are cashing out profits, adding to short-term selling pressure.
The creation of the U.S. Bitcoin Reserve marks a significant shift in government policy. It officially recognizes Bitcoin as a store of value, like digital gold.
Unlike past government sell-offs that hurt the market, this reserve keeps those holdings off the table. While the market reaction has been quiet so far, this move will greatly impact Bitcoin’s scarcity and future adoption.
On the international stage, nations are actively accumulating bitcoin seeing it as an important part of global finance and trade.
The U.S., China, the UK, Ukraine, North Korea, Bhutan, and El Salvador all hold Bitcoin in different ways, whether through asset seizures or strategic buying.
Meanwhile, Russia is using Bitcoin, Ethereum, and USDT to trade oil, getting around Western sanctions by converting yuan and rupees into crypto.