Last week, crypto slowed down amid political uncertainty and recent executive orders. Now, Trump is set to sign another major order next week, potentially impacting the market. Will it boost BTC or add more volatility? Share your predictions!
Crypto market last week’s moves
Last week, Trump, as well as the White House, made many significant moves towards the crypto market among the traditional finance global market volatility driven by geopolitical tensions and tariffs. Let’s take a brief look through 5 key takeaways in the crypto market and political situation from last week!
Trump Locks in “Never Sell” Bitcoin Policy
Trump declared, “America will obey the rule every Bitcoiner knows—never sell your Bitcoin.” His executive order bans the government from selling Bitcoin in its reserves, paving the way for broader institutional adoption, clearer regulations, and deeper crypto integration into mainstream finance. Over time, it could help the U.S. set global crypto standards, boost innovation, and strengthen its geopolitical influence.
Bitcoin Reserve Funded by Seized Assets
The reserve starts with 198,100 BTC ($16.7B) seized through law enforcement actions. This move could set a precedent for other nations, normalizing sovereign crypto holdings while raising legal and policy questions about asset seizures.
Stablecoins to Support Dollar’s Reserve Status
Treasury Secretary Scott Bessent confirmed the U.S. dollar will remain the global reserve currency, but they will integrate stablecoins to enhance the country’s financial position. While this could drive mainstream adoption, it also invites scrutiny over regulatory oversight and financial stability.
Bitcoin vs. Other Crypto Assets
The executive order creates a “United States Digital Asset Stockpile” for non-Bitcoin cryptocurrencies like XRP, Solana, and Cardano. While Trump’s mention briefly boosted their prices, a White House official downplayed speculation, saying these were just examples of major cryptos by market cap.
A “Digital Fort Knox” Without Taxpayer Funds
Trump’s crypto advisor, David Sacks, reassured that no taxpayer money will be used to buy digital assets. While speculation swirls about selling gold reserves to expand the Strategic Bitcoin Reserve, Sacks clarified that no such discussions have taken place yet, leaving future strategies open.
New executive order tomorrow by Trump
According to Fox Business, Trump would sign an executive order tomorrow, and it would be related to crypto—as the public expected and predicted. Despite Trump signing a new executive order on March 9 to establish the U.S. Bitcoin Reserve Fund, the market remained in the red. In fact, both Bitcoin (BTC) and Ethereum (ETH) hit new lows, showing no immediate positive impact from the announcement.
Looking ahead, another executive order is expected late on March 10 (U.S. time), likely focusing on macroeconomic policies such as tariffs, government spending control, and the U.S. economy. This could have a significant impact on financial markets, including crypto.
Stay tuned for the full details from Trump and the White House later tonight!
This Week’s BTC Price Prediction Remains Uncertain
Along with an unstable political situation and unpredictable volatility from both the traditional finance and crypto markets, experts and analysts forecast next week’s market would be somber and gloomy. Today, Bitcoin prices continued to fall to $80,000, which is described as an “ugly start” for the week. BitMEX co-founder Arthur Hayes warned that Bitcoin could retest $78,000—and if that level breaks, $75,000 might be next.
An ugly start to the week. Looks like $BTC will retest $78k. If it fails, $75k is next in the crosshairs. There are a lot of options OI struck $70-$75k, if we get into that range it will be violent. pic.twitter.com/q4cq0rthGJ
— Arthur Hayes (@CryptoHayes) March 9, 2025
As a result, the market has been highly volatile, with BTC fluctuating between $80,000 and $95,000 over the past two weeks. Much of this movement has been fostered by trade tariff news and White House crypto announcements. Adding to the uncertainty, a significant amount of Bitcoin options activity is between $70,000 and $75,000, which could lead to sharp price swings if Bitcoin enters this range.
Additionally, investor sentiment has taken a hit, with 70% of recent selling coming from traders who bought Bitcoin within the last three months. Analysts see this decline as a sign of panic selling among newer investors. The Bitcoin Fear & Greed Index has now dropped into “extreme fear,” hitting a score of 20 on March 10.
Looking ahead, Bitcoin’s price action could remain unstable as two key U.S. inflation reports are set to be released this week. If inflation continues to rise, it may impact Federal Reserve policy, influencing the broader financial markets—including crypto. Meanwhile, geopolitical tensions are escalating, with Canada imposing retaliatory tariffs against the U.S. following Trump’s trade policies. This added uncertainty could further weigh on global markets.
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