Significant Shift in U.S. Cryptocurrency Policy: Bitcoin May Become a National Strategic Asset!
The United States may be on the verge of a major shift in its cryptocurrency policy. On March 6, 2025, Trump signed an executive order requiring the Treasury Department to assess the legal and investment considerations of establishing a strategic reserve for Bitcoin within 60 days. It is expected that the Treasury will release a related report on May 5, Eastern Time, which could signify the first time the U.S. incorporates Bitcoin into its national strategic assets, with funding sourced from government revenue rather than taxpayers (officially referred to as neutral assets).
This report could not only be a step forward for Bitcoin and other cryptocurrencies (such as XPR, SOL, ADA) in U.S. policy but may also trigger a chain reaction in global digital asset reserves. Cryptocurrencies are transitioning from speculative tools to a part of national asset allocation, with mainstreaming, popularization, and financialization being the three major characteristics of their entry into national reserves.
Bitcoin is currently consolidating around $96,000, and long-term price stability may accumulate energy for future volatility. Analysts predict that its price may challenge $100,000 or $110,000. If the Treasury's report can bring in new funds, it could become a breakthrough point; if it fails to break through, initial support may be around $88,000.
In addition to Bitcoin, SOL has seized the potential of the meme trend! It has created a new wave of memes, and those with extra money are daring to layout some promising meme coins early. Among them, meme coins associated with Trump are particularly popular, especially the hero dog Co nan, backed by Trump's strong IP and active community. Recently, its market cap surpassed $10 million but has slightly pulled back to around $7.2 million, making it an excellent time to enter or replenish positions. The number of holders has exceeded 12.7K and is continuing to grow, which has the potential to become a dark horse in the bull market!
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$SOL $ADA $XRP
