Bitcoin Price Dips Below $116,000 After White House Releases Digital Assets Report

Bitcoin’s worth briefly fell under $116,000 this afternoon following the discharge of the Trump administration’s extremely anticipated Digital Property Report, a coverage proposal geared toward establishing the US as the worldwide chief in digital asset innovation.

President Trump’s govt orders established a Strategic Bitcoin Reserve. These reserves can be funded primarily by means of lawfully forfeited digital belongings. The Bitcoin held within the reserve is meant to be stored, and the Treasury and Commerce additionally began growing methods to accumulate extra Bitcoin. Though, it’s unclear at the moment how a lot BTC is definitely held within the reserve presently with reviews claiming a big majority of the cash have been offered.

The report, ready by the President’s Working Group on Digital Asset Markets, outlines a stance with bitcoin and different crypto that requires regulatory readability, safety of self-custody rights, lawful blockchain use, a ban on central financial institution digital currencies (CBDCs), and assist for open entry to digital monetary infrastructure.

Bitcoin had risen 26% year-to-date forward of the report’s launch. Following its publication, the market noticed a short dump as traders probably took potential income by ‘promoting the information’.

Regardless of the dip, the report marks a shift away from the Biden administration’s regulatory strategy. It straight criticized insurance policies like Operation Choke Level 2.0, which pressured banks to chop ties with authorized bitcoin and crypto companies, and as an alternative urged companies to embrace technology-neutral insurance policies and encourage lawful innovation in digital finance. The Trump administration’s new technique emphasizes innovation, technological neutrality, and free-market competitors.

“As of June 2025, President Trump’s approval ranking amongst traders in cryptocurrencies was 72%…” said the report. “The primary quarter of 2025 noticed enterprise capitalists deploy $4.8 billion into crypto and blockchain-focused startups, supporting trade forecasts of a 70% year-over-year enhance in complete enterprise {dollars} invested.”

Personal surveys estimate that over 68 million People now personal bitcoin or cryptocurrencies. Of these, 82% seen June 2025 as time to take a position, and 64% mentioned Trump’s insurance policies made them extra assured in doing so. Institutional confidence was equally robust, with 83% of corporations planning to extend their digital asset publicity this yr.

The report presents the Trump administration’s technique as a serious shift meant to strengthen the US place in world crypto markets. It urges Congress to cross legal guidelines affirming the proper to self-custody and peer-to-peer transactions and to determine clear jurisdiction between the SEC and CFTC to increase market exercise. It additionally requires an outright ban on CBDCs, citing dangers to monetary surveillance, privateness, and the sovereignty of the U.S. financial system.

This publish Bitcoin Worth Dips Beneath $116,000 After White Home Releases Digital Property Report first appeared on Bitcoin Journal and is written by Oscar Zarraga Perez.