Trump Sparks Bitcoin Storm! The U.S. Splurges on Reserves, Global Crypto Market Erupts

U.S. President Donald Trump recently dropped a bombshell: announcing the establishment of a national Bitcoin reserve and digital asset strategic plan. This astonishing move elevates Bitcoin to the status of a 'national treasure,' aiming to position the U.S. as the world leader in cryptocurrency and completely disrupt the global financial landscape.

Reserve Plan Revealed

This Bitcoin reserve is led by the Treasury Department, with funding sourced from confiscated digital assets, ensuring long-term holding and no external sales. The plan is not limited to Bitcoin; it also includes popular assets like Ethereum and Ripple, showcasing the U.S.'s ambitions for blockchain technology are in full bloom.

Market Frenzy and Calm

Upon the news, Bitcoin's price skyrocketed over 11%, breaking the $90,000 mark, with other assets seeing even more exaggerated increases, soaring up to 62%. However, three days later, the market calmed down, with Bitcoin falling 8% as investors began to watch for further details. It is reported that the U.S. government holds approximately 200,000 Bitcoins, worth over $17 billion, far exceeding the total from years of low-price sales.

Milestone Significance

Experts are amazed, stating this could be the most critical leap in Bitcoin's history. Not only is it officially recognized as a strategic asset, but the possibility of being banned has been virtually erased. Industry insiders believe this move will encourage global financial institutions to reassess Bitcoin's status, and the U.S. action undoubtedly gives the crypto market a shot of adrenaline.

Global Ripple Effect

The U.S. move may trigger a domino effect. Analysts predict that more countries may rush to accumulate Bitcoin, especially to seize the opportunity before prices spiral out of control. Currently, the U.S. Bitcoin reserves dominate globally, outpacing other countries and becoming the undisputed leader. Some even predict that G20 nations may collectively follow suit.