$ETH

While Trump has publicly supported Bitcoin, his tariffs in February were widely seen as the key catalyst behind Bitcoin’s 40% decline from its January high of $109,000.

Saylor also pointed to BlackRock and other Bitcoin exchange-traded fund (ETF) providers buying up Bitcoin daily, along with nation states “coming into the space.” On May 28, Bilal Bin Saqib, head of Pakistan’s crypto council, announced that the country is moving to establish a strategic Bitcoin reserve.

JAN3 founder Samson Mow recently told Cointelegraph Magazine that the US risks being “front-run by Pakistan” on accumulating Bitcoin if it doesn’t start acquiring Bitcoin for its Strategic Bitcoin Reserve, which Trump created in Marc