The cryptocurrency market has just received another positive signal as Bo Hines – CEO of Digital Assets in President Trump's campaign – confirmed that his team is exploring various creative options to increase the amount of Bitcoin held in the national strategic reserve fund.
A notable proposal from Senator Cynthia Lummis is to revalue the amount of gold in the U.S. treasury, which is currently recorded at only $43/ounce, instead of the market price. According to data from #FXCE , the price of gold (XAUUSD) recently reached a historic peak of $3,357/ounce on April 17, creating a massive gap that could be converted into financial resources to purchase Bitcoin.
Additionally, the administration is also considering other resources such as tariffs or special tax revenues – all aimed at maximizing the amount of Bitcoin held in the long term.
✨ The crypto market enters a strategic phase
The fact that Bitcoin is seen as part of the national strategic reserve indicates a significant shift in mindset among U.S. policymakers. From being a suspected asset, Bitcoin is gradually entering the ranks of strategically valuable financial instruments – alongside gold.
🔍 Investor's perspective: In the context of gold setting new records and Bitcoin increasingly viewed as 'digital gold', the U.S. government's consideration of accumulating Bitcoin further strengthens long-term confidence in the cryptocurrency market.
📌 Risk warning: Investing in cryptocurrencies always carries high risks and is not suitable for everyone. The article is analytical in nature and is not an investment recommendation.