Bitcoin (BTC) was traded yesterday, Saturday, near $84,230, with an increase of 0.23%, as traders await updates on U.S. economic policy and technical signals that may determine the next price direction. With increasing momentum, market watchers are asking: Is reaching a price of $90,000 imminent?
The United States is considering using gold profits for Bitcoin reserves.
In a notable political shift, the Trump administration has begun studying a proposal to fund the purchase of Bitcoin using unrealized profits from gold certificates. The plan will not rely on taxpayer money; instead, it will re-evaluate gold certificates - currently priced at $42.22 per ounce - to reflect the current market price of around $3,000, which could provide billions of dollars in profits to fund a potential 'strategic Bitcoin reserve.'
