The United States has treated Bitcoin as a 'national treasure', with prices skyrocketing to $99,000!
Latest news: The U.S. government has made a significant move—officially listing Bitcoin as a national strategic asset, on par with hard currencies like gold and oil. Once this news broke, the global cryptocurrency community exploded, and Bitcoin's price surged, directly surpassing $99,000, setting a new record.
In fact, back in March, Trump had already given a warning, signing documents stating that Bitcoin would be treated as national reserves. Now, various states are following suit; states like Texas and Arizona have already started investing in their own Bitcoin reserves. The most outrageous part is that the U.S. government reportedly holds over 200,000 Bitcoins, most of which were seized during investigations.
Why did Bitcoin suddenly surge? Three reasons:
1. The Federal Reserve hasn't raised interest rates lately, leading to more money in the market.
2. Large institutions and governments are buying aggressively.
3. Everyone believes it is about to break $100,000.
Experts are even more optimistic, predicting it could rise to:
Standard Chartered Bank says it could reach $200,000 by the end of the year.
Nexo predicts $250,000.
An unconventional analyst claims it could reach $185,000 within six months.
At this rate, it is clear that the United States is leading the charge to 'legitimize' Bitcoin. In my opinion, this move is definitely a key step in elevating Bitcoin from the 'underground black market' to the 'halls of Wall Street'. However, a word of caution: the faster the price rises, the harder it might fall; those looking to jump in should fasten their seatbelts.
As the market continues to evolve, we need to closely monitor market signals and seize new entry opportunities. Like + comment, and we'll navigate the bull market together to secure this major opportunity!
