Bitcoin fades most of the strategic reserve pump

Bitcoin broke through the 61.8% retracement of Sunday's surge higher and is now only $2500 above when Trump tweeted about a strategic reserve including bitcoin and at least 4 other cryptos.Bitcoin intradayIt's a disappointing outcome but I highlighted that Trump's tweet had no money behind it, nor any details.Those questions are likely weighing.Some of the thinner-traded cryptos mentioned by Trump -- Cardano, Solana and Ripple -- are holding up better but also at the lowest since Trump touted the reserve.