**JUST IN:** 🇺🇸 Arizona House passes bill to establish a Bitcoin Reserve

- This means Arizona could become the first U.S. state to officially hold Bitcoin in its state reserves, similar to how governments hold gold or foreign currencies.

**What does this mean?**

- The state plans to allocate part of its funds to buy and hold Bitcoin

- It signals growing trust in Bitcoin at the government level

- If signed into law, it could inspire other states to do the same

**Impact on the crypto market:**

- Positive market sentiment, more credibility for Bitcoin

- Government demand could reduce market supply

- May trigger a wave of institutional and public adoption

- Supports the "digital gold" narrative for Bitcoin

A small state move, but a big moment for crypto adoption.