❗️ U.S. Treasury Secretary: We are not planning to buy cryptocurrency for our reserves…
…we plan to use only confiscated crypto-assets.
- I doubt that we will be re-evaluating the U.S. gold and foreign currency reserves.
- We intend to keep gold as a means of accumulation.
- We are not planning to sell Bitcoin.
- The reserve funds of BTC are estimated to be around $15,000,000,000-20,000,000,000.
About the Federal Reserve:
- I did not call for a 1.5 percentage point reduction in the Federal Reserve rate.
❗It is possible that we will start with a 25 basis point reduction in the Federal Reserve rate, and then accelerate the process.
- I believe there is a possibility for a series of rate cuts.
🔽 Bitcoin based on U.S. macro data and Bessent's speech.
