Breaking News: The U.S. Bill to Purchase 1 Million Bitcoins is Now Live, Countdown to Real Money Entry!
There has been significant movement in U.S. politics, as Republican Senator Cynthia Lummis has proposed a bill to purchase 1 million Bitcoins, which has now been officially published on the U.S. government website, and all processes have been completed.
According to the bill, the U.S. government will purchase 200,000 Bitcoins each year for the next five years, totaling 1 million Bitcoins. These Bitcoins will be part of the official national reserves of the United States, managed by the U.S. Treasury, and will be stored in protected vaults across the country.
Moreover, the funding for the purchases has a clear source, which will be drawn from existing funds in the Federal Reserve and Treasury accounts, so U.S. taxpayers will not have to spend extra money.
Everything is in place now, just waiting to see how the subsequent processes will advance. If the U.S. really starts to buy Bitcoins on a large scale, the impact on the global cryptocurrency market will be immeasurable, and the price trends of Bitcoin will undoubtedly experience huge fluctuations, causing the global financial market to tremble.
Currently, the market is turbulent, and walking alone can be lonely. Follow me for daily spot potential layouts and bull market strategy layouts.
