News reports from major financial media outlets or U.S. government announcements

Trump Considers U.S. Strategic Bitcoin Reserve by February 2025, Potentially Setting Million-Dollar Bitcoin Standard

Nov 22, 2024, 06:51 PM

Former President Donald Trump is reportedly considering the establishment of a Strategic Bitcoin Reserve for the United States, a move that could significantly impact the cryptocurrency landscape. Discussions surrounding this initiative suggest that it may lead to the U.S. adopting a Bitcoin standard as early as February 2025. Analysts speculate that such a reserve could drive Bitcoin prices to unprecedented levels, with predictions of reaching $100,000 or even a million dollars per Bitcoin. The potential creation of this reserve has generated considerable interest and debate among cryptocurrency enthusiasts and financial experts alike.