$BTC As of May 29, 2025, Bitcoin (BTC) is trading at approximately $108,393 USD, experiencing a slight decline of 0.56% over the past 24 hours. The cryptocurrency market is facing headwinds due to geopolitical tensions and the Federal Reserve's decision to maintain interest rates, which has impacted investor sentiment.

In the United States, President Donald Trump's administration has established a Strategic Bitcoin Reserve through an executive order signed in March 2025. This reserve aims to position Bitcoin as a national reserve asset, similar to gold, reflecting the government's commitment to integrating cryptocurrencies into the financial system.

Globally, Pakistan has launched its first government-backed Strategic Bitcoin Reserve, marking a significant step in the country's adoption of digital assets. This initiative was announced at the Bitcoin 2025 Conference, highlighting Pakistan's growing interest in the cryptocurrency sector.

Despite these developments, Bitcoin faces challenges such as regulatory scrutiny and market volatility. Investors are advised to stay informed about global economic indicators and policy changes that could influence the cryptocurrency market.