#USBitcoinReserves There is no clear update on the US Bitcoin reserve. However, there is some information that may be relevant.
In January 2025, a bill was introduced in Utah to create a strategic reserve for Bitcoin, making it the second state after Arizona to introduce a similar bill ¹. There are also 11 other US states looking into adding Bitcoin to their strategic reserves, with a standard allocation of 10% of total funds ¹.
On the other hand, David Sachs, the head of digital assets in the Trump administration, indicated that the administration is studying the feasibility of creating a strategic reserve for Bitcoin, raising some doubts about the administration’s commitment to this project ².
In the markets, the price of Bitcoin seems to be affected by market volatility and technical analysis. In January 2025, the price of Bitcoin surpassed $105,000, driven by a weaker US dollar and increased institutional interest ¹. However, on February 5, 2025, the price of Bitcoin recorded a decrease of 0.91%, reaching $98,307.99.
