#USCryptoReserve
The US crypto reserve is a proposed strategic cryptocurrency reserve that could potentially boost Bitcoin's market capitalization by 25%, or approximately $460 billion.¹ ² This idea has been endorsed by former US President Donald Trump, who announced plans for a national crypto stockpile holding Bitcoin, Ether, Solana, XRP, and Cardano.³
According to Commerce Secretary Howard Lutnick, Bitcoin is likely to have a special status in the nation's crypto reserve.⁴ However, the probability of approval remains low due to congressional hurdles and regulatory uncertainty.
Some experts believe that a US crypto reserve could trigger institutional buying, amplifying price effects through a 20x multiplier impact on Bitcoin's valuation. Others argue that the reserve should focus on Bitcoin alone, citing its status as a digital commodity.
The White House Crypto Summit, scheduled for March 7, is expected to provide more clarity on the administration's stance and reveal more details about the initiative.