When Trump signed an executive order on the U.S. strategic reserve of Bitcoin in early March, he required the Secretary of the Treasury to submit a report after an evaluation within 60 days, which could allow Bitcoin to enter a new national reserve model. (Previous story: Bitcoin ETF has seen net inflows for four consecutive days. Is this an institutional layout of “smart money” or a hidden “bull market trap”?) (Background: Bitcoin stabilizes at $93,000) FDV’s market value surpasses Amazon and Google, and U.S. stocks continue to soar, rising nearly 4% in the past half year.) The U.S. policy in the field of cryptocurrency may be ushering in a historic turning point. When Trump signed the executive order establishing the Strategic Bitcoin Reserve on March 6, 2025, he asked the Secretary of the Treasury to publish a report within 60 days on "an evaluation of the legal and investment considerations for establishing and managing the Strategic Bitcoin Reserve and the United States Digital Asset Reserve, and whether legislation is necessary to implement any aspect of this order or to provide for the proper management and administration of these accounts." The Ministry of Finance will release the relevant report on May 5, Eastern Time, which is before next Tuesday Taiwan time. This may mean that for the first time, the United States will officially include Bitcoin in strategic asset considerations at the national level, and it will be funded by government revenue rather than taxpayers (the official term used by the United States is neutral asset). Is cryptocurrency entering the era of sovereign competition? Since Trump mentioned that cryptocurrencies to be included in the reserves include not only Bitcoin, but also XPR, SOL, and ADA, the release of the U.S. Treasury Department's assessment report is not only a key step in U.S. domestic policy, but may also trigger a chain reaction of digital asset reserves around the world. Cryptocurrencies such as Bitcoin are gradually evolving from speculative tools in the eyes of traditional finance to a new sector of national sovereign asset allocation and geopolitical competition. Are mainstreaming, popularization, and financialization the three characteristics of cryptocurrency entering the era of national reserves? This upcoming report may help us clear up the confusion. Breakout point to break out of the current consolidation range? On the other hand, Bitcoin has been consolidating at the $95,000 level for a week. The long period of price consolidation accumulates energy for potential fluctuations. Analysts predict that its price is expected to challenge higher target prices, such as $100,000 or even $110,000.If this report from the Ministry of Finance can really bring new funds to BTC, it may become a new flashpoint. However, if the upside breakout fails, initial support could be found at $88,000 near the 30- and 60-day exponential moving averages (EMAs). Related reports Trump announced that the first 220 holders of "Trump Meme Coin" can attend the 5/22 dinner, and the token soared 60%. Trump is going to issue an ETF! US-made and cryptocurrency funds are expected to be listed in the second half of the year. Truth.Fi cooperates with Crypto.com to seize the market. Trump said: Tariffs on China will be significantly reduced and Ball will not be fired. Bitcoin hits 94,000 and US stocks rise. "Big good news for Bitcoin is coming? The US Bitcoin Strategic Reserve Report will be released before 5/5." This article was first published on BlockTempo (BlockTempo - the most influential blockchain news media).

#BTC #ETF