Major Concerns! Arizona's Bitcoin Reserve Bill Reaches a Critical Juncture

On Tuesday morning Beijing time, two Bitcoin reserve bills in Arizona will enter their third review and are very likely to open for a final vote. If passed smoothly, this will become the world's first state-level Bitcoin strategic reserve case, which is considered a significant milestone for $BTC .

The outcome of this bill vote has far-reaching implications; even if it fails to pass, the impact on the market may be relatively limited. However, once implemented, it will undoubtedly rewrite the history of the industry. It is advised to closely monitor this key time window, during which short-selling operations should be approached with extra caution to avoid risks posed by market volatility triggered by favorable policies.