#StrategicBTCReserve $BTC
💰 Strategic Bitcoin Reserve Established by Trump
In a significant policy move, President Trump signed an executive order on March 6, 2025, to establish a Strategic Bitcoin Reserve. This reserve utilizes over $17 billion worth of forfeited bitcoins from criminal and civil cases, positioning the U.S. as a leader in digital asset holdings. The initiative aims to treat Bitcoin as a long-term national reserve asset, akin to gold, and includes plans for a broader U.S. Digital Asset Stockpile encompassing other cryptocurrencies like Ethereum and Ripple .
📈 Market Movements: Bitcoin Nears $100K Amid Global Developments
Bitcoin's price has seen a notable increase, rising by 3.6% to $97,014, fueled by positive sentiment from impending U.S.-China trade talks. Other major cryptocurrencies, including Ethereum, XRP, and Solana, have also experienced gains. Investor confidence is bolstered by New Hampshire's decision to allow up to 5% of its reserves to be invested in digital assets and precious metals, favoring cryptocurrencies with a market cap over $500 billion .