# Behind Bitcoin's crazy surge: The U.S. operation is too 'showy'!
Family, last night Bitcoin experienced a crazy surge, jumping directly from around $85,000 to $95,000, with a 24-hour increase of over 8%, setting a new high for 2025. This surge felt like riding a rocket, leaving everyone stunned. So what's the reason behind this? It turns out that the U.S. is likely behind the push for cryptocurrency reserves, and today we'll have a good chat about it.
$ As soon as the policy was announced, the market went crazy.
First, let's talk about how this started. On March 2, 2025, Trump announced on social media that the U.S. would establish a strategic reserve system for cryptocurrencies, including Bitcoin, Ethereum, Ripple, Solana, and Cardano as the first batch of 'hot players'. As soon as this news broke, the market reacted more lively than setting off firecrackers for the New Year.
Look at that price, rising rapidly! Bitcoin surged by about $10,000 in just 3 hours, reaching $95,000, a new high since November 2024. Ethereum and Ripple also followed suit with significant gains. But while the market is booming, some are suffering. Nearly 190,000 people faced liquidation, with a liquidation amount as high as $847 million. How many hearts are bleeding over this!
# The 'thoughts' behind the U.S.
So why is the U.S. suddenly doing this? There's a 'calculating strategy' behind it.
This all started back in January 2025 when Trump signed an executive order to establish a working group dedicated to studying digital assets. What's the purpose? To assess the feasibility of establishing a national digital asset reserve and to formulate a clear regulatory framework for the crypto industry. In short, he wants to firmly grasp this 'big cake' of cryptocurrencies.
The U.S. is doing this partly to strengthen the development of its digital asset industry and enhance its competitiveness globally. You see, digital currency is the big trend for the future, and who wouldn't want to take a leading position in this field? The U.S. wants to become the 'big boss' again on this new track.
On the other hand, this is also a way to challenge the Biden administration. The Biden administration had previously shown a somewhat 'repressive' stance towards the crypto industry, and Trump is 'correcting the chaos', telling everyone that the U.S. still values cryptocurrencies.
# Long-term Impact: Some rejoice while others worry
In the long run, this could have a significant impact on the cryptocurrency market.
Let's start with the positive side. As soon as this policy is announced, it may lead to a clearer regulatory framework. It's like building a 'highway' for the market, making cryptocurrency trading and development more standardized and secure. This will enhance market confidence, and those traditional financial institutions and sovereign funds may increase their allocation to crypto assets, which is undoubtedly a major boon for cryptocurrencies.
Moreover, the U.S. is strategically positioning itself for global competition. By controlling Bitcoin and other digital assets, it aims to strengthen its dominance in the global payment system. As China and the EU are rapidly developing in the digital currency space, the U.S. is closely trailing behind, not wanting to fall behind in this 'digital currency war'.
# Potential risks: This 'pie' is nice but hard to grab
However, this matter isn't flawless; there are quite a few potential risks.
Let's first discuss the feasibility of implementing this policy. Details like reserve scale and funding sources haven't been clarified yet, and there are suspicions of interest transfer. How coincidentally did the Trump family reportedly buy large amounts of related tokens before the policy announcement? This inevitably raises suspicions about potential 'shenanigans'.
Moreover, the market is currently overly reliant on policy hype. It's like a group of people inflating hot air; if the subsequent regulatory framework or the establishment of reserves doesn't meet expectations, the market could deflate like a punctured ball. By then, how many people will be crying in the bathroom!
In short, the U.S. pushing for cryptocurrency reserves has led to a surge in the prices of Bitcoin and other cryptocurrencies, and the situation is quite complex. Let's continue watching this drama unfold and see if the U.S. can actually execute this 'calculating strategy' successfully!
