Trump suggests perhaps creating a 'Bitcoin Strategic Reserve'? Bitcoin briefly exceeds $106,000!

On December 16, during the Asian early trading session, the price of Bitcoin broke through $106,000, setting a new all-time high. The reason for this surge in momentum was surprisingly a remark from newly elected President Trump of the United States.

In an interview, he stated that he plans to establish a Bitcoin reserve in the U.S. similar to the strategic petroleum reserve, and the news instantly ignited the market.

IG analyst Tony Sycamore also mentioned: "The current market environment is quite optimistic, and the next target may be $110,000. The correction everyone was expecting did not occur; instead, Trump's comments gave the market more confidence."

In last week's CNBC interview, Trump revealed: "We are going to do some big things in the cryptocurrency space. We do not want other countries to get ahead of us; we want to be the global leader." When asked if he would establish a Bitcoin reserve like the oil reserve, he simply replied: "Yes, I think so."

Trump's comments not only caused Bitcoin prices to soar but also sparked global discussions about the prospects of cryptocurrency reserves. In fact, not only the United States but other countries are also beginning to consider the possibility of cryptocurrencies as strategic reserves. Even Russian President Putin has pointed out that the current dollar reserves are facing challenges, with more and more countries starting to consider incorporating cryptocurrencies into their asset allocation.

It seems that Bitcoin is gradually evolving from a 'digital asset' to a 'global reserve asset.' This increase might just be the beginning!