#FedHODL As of January 30, 2025, there is no cryptocurrency named "FedHODL" ๐ง๐ฐ.
The term "HODL" ๐ฆ๐ is popular in the crypto community, originating from a misspelling of "hold" and often interpreted as "Hold On for Dear Life" ๐คฏ๐, encouraging investors to retain their assets ๐ฐ during market volatility ๐๐.
Recently, discussions have emerged ๐ฃ๏ธ๐ฅ about the U.S. government potentially creating a national strategic reserve of Bitcoin ๐บ๐ธ๐. In a podcast episode ๐๏ธ titled "The Bitcoin National Strategic wha?" ๐ง on December 26, 2024, Katie Martin and Toby Nangle explored this idea ๐ง ๐ก. They noted that the government already possesses a significant amount of BTC ๐ฆ๐ค from criminal seizures ๐๐ฐ and debated its impact on the U.S. dollar ๐ต and government bonds ๐.
Additionally, the Federal Reserve's monetary policy ๐ต๐๏ธ has influenced the crypto market ๐๐. On November 7, 2024, the Fed cut interest rates ๐โ๏ธ by 25 basis points to 4.5% ๐ฐ. Following this, Bitcoin (BTC) rose 1% โฌ๏ธ to $76,644.57 ๐, while Ethereum (ETH) surged 7.4% ๐๐ to $2,888.21.
In short, while "FedHODL" isn't an official term (yet ๐), federal policies ๐๐ต are playing a bigger role in the crypto space ๐ฆ๐. Could the U.S. government secretly be stacking Bitcoin? ๐๐ฐ๐ฅ