#ArizonaBTCReserve
The initiative indicates Arizona's support for #Bitcoin as a reserve, which may enhance demand for BTC against the dollar (BTC/USD). Adoption of BTC by government/private institutions could raise its value with increased confidence, while inflation and Federal policies affect the USD. Supportive regulations may reduce BTC volatility, attracting new investors. However, sharp volatility and macroeconomic pressures remain influential factors. The interaction between the adoption of digital currencies and dollar policies is monitored as critical in the near term.
