The recent approval by Donald Trump to create a Bitcoin reserve for the USA caused a mixed reaction in the market. The immediate drop in the BTC rate that occurred right after the announcement was a classic example of the principle 'buy on rumors, sell on news.' However, beneath this seemingly standard move lies deeper and more far-reaching consequences.
Expectations and Reality: Why Didn't the BTC Rate Skyrocket?
The crypto community expected the US government to start actively buying Bitcoin from the market, which would undoubtedly have led to a significant spike in the rate. However, the reality turned out to be different. The reserve will be formed from the 200,000 BTC already held by the government, as well as those confiscated as a result of criminal and administrative cases.
Geopolitical Aspect: Who Pays for the 'American Dream'?
The formation of a reserve from confiscated assets opens up broad opportunities for the USA. In fact, this means that the 'bad guys' from around the world, whose assets will be confiscated, will become 'sponsors' of the American crypto reserve. And, as is known, the sphere of influence of American law enforcement agencies is not limited to the territory of the USA.
Strategic Importance: Bitcoin as a New Tool of Influence
The creation of a Bitcoin reserve can be considered no less important than the approval of an ETF for Bitcoin. While the latter opened access to cryptocurrency for a wide range of investors, BTC is now becoming an asset that is under the control of the state.
Exporting Inflation 2.0: Will Bitcoin Become a New 'Weapon' for the USA?
The story of the dollar used for international payments showed how the USA can shift part of its economic problems onto other countries. Could Bitcoin become a new tool for achieving economic goals? 'Fair' and 'neutral' BTC, which can be used for international payments, might become an attractive alternative to the dollar. However, not all countries have the ability to confiscate crypto assets globally.
Investment Prospects: Will We See BTC at $40,000 Again?
At the time of the ETF approval for Bitcoin, its price was around $40,000. Will there be another chance to buy it at that price? The question remains open. However, considering the growing interest in cryptocurrency from the state and institutional investors, it can be assumed that the price of BTC will continue to rise.