Howard Lutnick confirms the U.S. has established a Bitcoin Strategic Reserve, though full details remain pending.
Commerce Secretary Lutnick suggests Bitcoin could eventually be tracked like gold in U.S. economic data reports.
Bitcoin holds near $94,300 as traders monitor signs of formal Bitcoin adoption by the U.S. government.
April 29 marks 100 days since President Donald Trump took office for his second term, and many in the crypto world are watching closely. Some experts believe that if Trump announces a U.S. Bitcoin reserve, it could send Bitcoin prices soaring toward $100,000. Prediction market Polymarket gives it just a 6% chance, but with only one day left, the big question is: Will Trump make the move before time runs out?
What’s Happening With the Bitcoin Reserve?
In a recent chat with Bitcoin Magazine, U.S. Secretary of Commerce Howard Lutnick offered some intriguing insights about Bitcoin and how it might soon have a bigger role in America’s economy. One of the most interesting parts of the conversation was about the U.S. government’s Bitcoin Strategic Reserve. While Lutnick couldn’t reveal how much Bitcoin the U.S. holds or exactly how…
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