Trump Administration Plan To Buy Bitcoin Using Tariff Revenue: BTC Eying $90k Mark

The Trump administration is reportedly considering a plan to use revenue generated from tariffs to purchase Bitcoin as part of a strategic cryptocurrency reserve. This move aims to build the US government's crypto reserves without adding to the national debt or raising taxes.

Key Points:

Strategic Crypto Reserve: The plan involves creating a strategic cryptocurrency reserve using digital tokens already owned by the government and finding new ways to expand those holdings.

Tariff Revenue: The administration is exploring the use of tariff revenue to fund Bitcoin purchases, allowing the US to build its crypto reserves without borrowing money or asking more from taxpayers.

Bitcoin Price: Bitcoin's price has jumped 15% to around $85,350, with a current market cap of $169 trillion. It's expected to face resistance near $85,800, with the next major barrier at $87,200, potentially reaching the $90,000 mark.

Potential Impact:

Market Sentiment: This plan could shake up both politics and crypto, giving investors fresh hope worldwide.

Investor Interest: Senator Cynthia Lummis' proposal, the "Bitcoin Act of 2025," aims to revalue US gold certificates to free up extra funds for buying Bitcoin and strengthening crypto holdings .#MetaplanetBTCPurchase