Bitcoin price momentum has hit a snag after the Trump administration’s recent executive order on digital assets fell short of market expectations. Instead of announcing a Bitcoin-specific Strategic Reserve, the administration proposed a broader evaluation of a “strategic national digital assets stockpile.” The decision has led to skepticism among traders and analysts, with many questioning the immediate market impact. Traders Unimpressed by Lack of Bitcoin Reserve Plans Nick Forster, founder of the onchain options protocol Derive, highlighted the dampened sentiment in a January 25 analyst note. “The market sees limited upside for the asset in the short term, likely due to the absence of a specific BTC reserve announcement,” Forster wrote. His analysis revealed a significant bearish signal—83.3% of Bitcoin options contracts on January 24 were “calls sold,” indicating traders’ lack of confidence in a price surge. Forster added, “Traders were expecting concrete actions, not vague promises, and the market is now making it clear that hype alone isn’t enough to drive lasting impact.” Ripple’s Multi-Coin Proposal Adds to the Debate President Trump’s January 23 executive order tasked a working group with developing strategies to position the U.S. as a leader in the digital asset space, including the controversial evaluation of a digital asset reserve. However, this move has sparked debate within the crypto community. Ripple has openly supported a multi-coin reserve approach, further dividing opinions on the best path forward. While Bitcoin’s price has seen historic highs in recent months, reaching $105,100 as of January 25, it remains 3.8% below its all-time high of just over $109,000. The lack of a Bitcoin-specific reserve announcement has caused some traders to hit the brakes on their bullish outlook. Veteran trader and analyst Filbfilb echoed these concerns, stating , “The market isn’t trading at $100,000 because people believe the Strategic Bitcoin Reserve would happen right away.” However, he remains optimistic about Bitcoin’s long-term potential, maintaining his 2025 target of $180,000—a level he first identified in early 2023. Hype vs. Action The executive order, while signaling the government’s growing interest in digital assets, highlights the divide between policy aspirations and market expectations . For now, Bitcoin’s traders appear to be in a holding pattern, awaiting actionable steps to translate government interest into tangible market drivers. Whether this initiative will serve as a stepping stone or a missed opportunity remains to be seen. The post Trump’s Digital Asset Stockpile Plan Fails to Ignite Bitcoin Market Optimism appeared first on TheCoinrise.com .
