#USCryptoReserve There are two main reasons that might drive Bitcoin's price to $100,000 in the next few days.
First, Donald Trump will hold the first-ever crypto summit in Washington.
This summit will include important leaders from the industry, such as Ripple’s Brad Garlinghouse, Coinbase’s Brian Armstrong, and Tether’s Paolo Ardoino.
A key outcome expected from the summit is the launch of the Strategic Bitcoin Reserve by Donald Trump.
One idea is to convert the Bitcoin the government has into reserves. The government currently holds 198,109 coins worth more than $17.9 billion.
Another idea is to support the Cynthia Lummis bill, which suggests that the government buy and keep 200,000 coins each year for five years, creating a lot of demand.
Another possible reason for Bitcoin's price change on Friday will be the U.S. nonfarm payrolls data.
This report will give more information about the condition of the American economy, which is facing many challenges.
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