Trump’s Crypto Reserve Plan Failed to Cheer Up Wrecked Traders
A necklace depicting the Bitcoin logo at the Plan B Forum in San Salvador, El Salvador, in January.
Photographer: Camilo Freedman/BloombergThis article is for subscribers only.
David Pan takes a look at the abundance of caution in the Bitcoin derivatives market.
De-risking across the crypto derivatives markets continued even after US President Donald Trump announced his desire to include Bitcoin, Ether and three other tokens in a proposed national strategic crypto reserve.