Bitcoin’s price has experienced a notable decline, falling below the $90,000 mark after recently hitting an all-time high of around $125,000. This drop coincides with growing governmental initiatives worldwide to embrace digital assets. The Czech National Bank made history on November 13th by becoming the first European central bank to directly purchase Bitcoin, investing $1 million in both Bitcoin and USD-pegged stablecoins. Simultaneously, President Trump announced plans for a U.S. strategic Bitcoin reserve funded by seized assets. Despite increased government involvement, analysts attribute recent price drops across Bitcoin and other major cryptocurrencies, including Ethereum, to institutional sell-offs, market liquidations, and decreased short-term trading activity.