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Bitcoin falters as investors await clarity on Trump's crypto reserve plan

Bitcoin falters as investors await clarity on Trump's crypto reserve plan

FILE PHOTO: Representations of cryptocurrency Bitcoin are seen in this illustration taken November 25, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Bitcoin backpedaled on Monday after an early rise following U.S. President Donald Trump’s weekend proposal for a national strategic reserve of cryptocurrencies.