Us Bitcoin Reserve UPS Volatility, Future Retrievers

bitcoin's volatility reached new prices of maximum and future backed up after the order of the president of the United States, Donald Trump, to create a strategic bitcoin reserve for the United States caused ambivalent reactions of merchants, according to market data.

Experts said the market response indicates a disappointment among merchants waiting for a more aggressive plan to buy bitcoin (btc) with federal funds and uncertainty about the longest impacts of Trump's announcement.

“The executive order did not meet market expectations because it failed to announce new purchases, which many expected,” said Theodore Agranat, director of web3 of Gunzilla Games.

“On the other hand, he focused only on using confiscated tokens. In addition, everything related to the order had already had an anticipated price, without leaving surprises for the market. “

Related: bitcoin forgets the strategic reserve 'Sell the news event' with 4% rebound

Executive order

On March 6, Trump signed a <a target="_blank" data-ct-non-breakable="null" href="https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-establishes-the-strategic-bitcoin-reserve-and-u-s-digital-asset-stockpile/” rel=”nofollow noopener” target=”_blank” text=”null” title=”https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-establishes-the-strategic-bitcoin-reserve-and-u-s-digital-asset-stockpile/”>Executive order Creation of a strategic bitcoin reserve and, separately, a storage of US digital assets. To maintain other cryptocurrencies.

Both initially comprise active acquired by the application of the law and other legal procedures.

The order does not instruct the federal government to buy bitcoin. On the other hand, he asks officials to “develop neutral strategies with budget to acquire additional bitcoin, provided that these strategies do not impose incremental costs to US taxpayers.”

In addition, the order clarifies that the federal government will not acquire any other cryptocurrencies.

“The market seems disappointed by this,” said Katalin Tischhauser, Sygnum's head of research, Cointelegraph on March 7.

However, “this is based on the lack of understanding of the constitutional powers that the president of the United States has,” Tischhauser said, adding that a “reserve where the United States government buys bitcoin can only be authorized by the legislature.”

Silenced response

The initial response of the merchants was silenced. bitcoin's spot price fell around 2% on March 7, according to TrainingView data. Meanwhile, the true average (ATR) range of the 24 hours of bitcoin, a volatility measure, broke 5,000 for the first time in this cycle. He married around 3,000 as recently as February.

In addition, bitcoin's futures went back. The CME data, the largest derivative exchange of the US, show decreases of approximately 2% in most of the bitcoin advance curve, which includes futures contracts that expire on staggered dates.

Futures are standardized contracts that represent an agreement to buy or sell an asset on a particular date.

The price of Julio bitcoin's futures of CME de Julio 2025 fell by more than 4%, indicating a bearish turn for the feeling in the medium term.

The “longest effects of the executive order depend on the size of the reserve, the specific cryptocurrencies included and how it is managed,” said Professor of the University of Syracuse, Cristiano Bellavitis, to Cointelegraph.

“It is not clear if the United States government would invest in cryptography or how much. If it were in thousands of millions, the impact on the price could be substantial. “

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