#FedHODL As of January 31, 2025, Bitcoin ($BTC ) is trading at approximately $105,227, reflecting a slight increase of 0.0157% from the previous close.

In recent developments, the Federal Reserve has clarified its stance on Bitcoin, stating that it cannot hold Bitcoin and is not seeking to change that position.

The cryptocurrency industry anticipates a more favorable environment under President Trump's administration. Plans include creating a Bitcoin reserve and appointing pro-crypto individuals to key positions, aiming to reduce regulatory scrutiny and attract institutional investments.

Additionally, major financial institutions are increasingly integrating cryptocurrencies into their services. For instance, Visa is developing the Visa Tokenized Asset Platform (VTAP) to help banks handle fiat-backed tokens and stablecoins, bridging traditional finance with blockchain technology.

These developments suggest a growing acceptance and integration of cryptocurrencies into the broader financial system.