Last week saw historic crypto events: Strategic Bitcoin Reserve (SBR)/ Digital Asset Stockpile (DAS), a Crypto Czar appointment (David Sacks)

This is the early stage of any change. Remember, Fort Knox and its reserves weren't built in a day, and this is maybe how we should be looking at the SBR and DAS

Last week saw historic crypto events: Strategic Bitcoin Reserve (SBR)/ Digital Asset Stockpile (DAS), a Crypto Czar appointment (David Sacks), and the first-ever Crypto Summit hosted by the President Of The United States (POTUS) Donald Trump.

With such huge announcements being made, surely we can expect to see a surge in crypto prices, right? Well, not necessarily.

As reported by Ben Armstrong on his YouTube channel, Trump's announcements have sparked a mixed reaction, with Bitcoin dropping rather than rallying.

Why Is Bitcoin Dropping Despite Huge Announcements?

Many investors expected more concrete policy details, while others believe the market is simply reacting with short-term uncertainty.

The concern stems from the clear mandate that there will be no purchase of BTC, which is what crypto enthusiasts were hoping for. Initial plans see that the reserve will be made of seized assets from criminal activities.

However, as Samson Mow (CEO of JAN3) highlights on X, there are other ways to acquire BTC without purchasing. This means that the administration can remain budget-neutral on this front while still growing its crypto reserves.

Other countries are taking note of Trump's plans and beginning to invest more in BTC themselves. TerraNewsEN posted on the CoinMarketCap community forum that El Salvador purchased Bitcoin over the weekend.

With the current worldwide BTC holdings shown in the image below, Trump will have to increase reserve funds if he is to overtake the current leader - China.

(Image Credit: CoinMarketCap.org Community)

Could we be about to see a bullish turn as competition hots up for BTC, and what does this mean for the wider market? Will smaller altcoins like BTC Bull Token (BTCBULL) see returns due to the increased activity?

BTC Bull Token To Cash In On Potential Bitcoin God Candle

If Bitcoin becomes the digital gold equivalent, BTC Bull Token (BTCBULL) could benefit from any BTC surges. So, you'll want to purchase BTC Bull Token early to receive the most gains, and we can guide you through just how to do that.

Differentiating itself from the plethora of frog and cat meme coins and cleverly pulling on the 'bullish' terminology in crypto, BTC Bull Token charges in (sorry, couldn't resist) and is ready to make an impact.

Branding itself as the 'unstoppable force pushing Bitcoin towards $1M+,' it has raised $3.4M in presales so far, and its token price sits at $0.002405 (a 2.34% increase for those who invested at the initial presale launch price of $0.00235).

It is also offering several rewards for holders, which is a key facet of its strategy for success.

Don't miss out on these passive rewards - after all, who doesn't love a reward for doing nothing?

However, crypto is known for its ups and downs. You could see big gains, but you could also lose everything. Always do your own research before investing.