Trump personally steps in, is Bitcoin's strategic reserve about to take off?

Brothers, today's scoop is quite big!

President Trump just announced that he will personally speak at the New York Digital Assets Summit, which is the first time in U.S. history that a sitting president has appeared at a Bitcoin conference.

This move has directly caused a stir in the crypto circle, especially since he had previously signed an executive order to incorporate Bitcoin into the national strategic reserve, aiming to hoard 1 million BTC within five years.

Trump's operation, to put it simply, is about turning Bitcoin into 'digital gold,' similar to traditional gold reserves, to enhance the nation's financial resilience.

According to his plan, the U.S. strategic Bitcoin reserve will not use taxpayer money but will rely on confiscated Bitcoins and existing assets to support it.

Currently, the U.S. government already holds 200,000 Bitcoins, which, at the current price, is worth nearly $18 billion.

But the problem is that the market is not buying this move. As soon as the executive order was announced, Bitcoin actually fell by 5%, and Ethereum and Ripple also took a dive.

Why? Because the market expects the U.S. government to continue increasing its Bitcoin holdings, rather than directly designating the existing 200,000 as reserve assets.

Crypto bigwigs gather at DAS, what big move will Trump make?

This DAS summit is not just a small affair; besides Trump, a bunch of crypto bigwigs are also present. For instance, MicroStrategy's Michael Saylor has boldly stated that XRP is likely to be included in the U.S. digital asset reserve.

Trump's speech will focus on two main points: first, to continue promoting the Bitcoin strategic reserve plan, and second, to discuss stablecoin legislation.

This is definitely a huge positive for Bitcoin and the entire crypto market.

Currently, there is a significant divide in the market, with one side being Trump's government frantically hoarding coins, while on the other side, institutional funds are fleeing.

But don't forget, Trump not only wants to use Bitcoin to tackle inflation and debt issues, but he also aims to reshape the dollar's hegemony and compete for the high ground in digital finance.

If his plan can be implemented, the long-term value of Bitcoin may be completely re-evaluated.

In this wave of market trends, I have already got a list of hidden gems in hand; there's a coin dealer who has been collecting chips for half a year, and by the end of the month, he will leverage Bitcoin's momentum to explode, aiming for a 10x baseline!

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