TRUMP ADMINISTRATION PLAN TO BUY BITCOIN USING TARIFF REVENUE:BTC EYING $90K MARK!

The Trump administration is reportedly considering a plan to buy Bitcoin using revenue generated from tariffs, which could potentially boost the cryptocurrency's price. Here's what's happening :

- *Plan Details*: The administration aims to create a strategic reserve of cryptocurrencies using digital tokens the government already owns. They're exploring budget-neutral strategies to buy more Bitcoin without burdening taxpayers.

Tariff Revenue: Using tariff revenue to buy Bitcoin would allow the US to add it to its reserves without borrowing more money or raising new taxes.

Bitcoin Price Impact: This news has already driven a 15% surge in Bitcoin's price, pushing it above $85,000. Analysts believe it could reach $90,000 if it breaks through resistance levels at $85,800 and $87,200.

Additional Plans:

Senator Cynthia Lummis' Proposal: Lummis is advocating for the "Bitcoin Act of 2025," which involves changing the value of US gold certificates to buy Bitcoin and create a new reserve.

Current Bitcoin Status:

Price: Trading around $85,350

Market Cap: Rising to $169 trillion

Trend: Holding above $84,000 and staying strong above the 100-hour simple moving average .#TrumpVsPowell #USStockDrop $BTC $TRUMP