๐จ Bitcoin Hits Record High of $108K ๐ | Trump Eyes Strategic Bitcoin Reserve ๐บ๐ธ
...Bitcoin has smashed through its all-time high of $108,000 on Tuesday, riding a wave of bullish momentum and hints from President-elect Donald Trump about a Strategic Bitcoin Reserve.
๐น Whatโs Happening?
During a CNBC interview, Trump was asked if a crypto version of the Strategic Petroleum Reserve was on the horizon. His response?
๐ โYeah, I think so. Weโre going to do something great with crypto.โ
๐น How Could It Happen?
๐ Strike CEO Jack Mallers revealed Trump may sign an Executive Order on Day One to establish the reserve.
๐ฆ Industry insiders suggest Trump could leverage the Dollar Stabilization Act, giving him the power to protect the U.S. dollar.
๐ Dennis Porter, CEO of Satoshi Action Fund, confirmed: โTrump is exploring a Strategic Bitcoin Reserve.โ
๐น Bitcoinโs Growing Validation ๐
Bitcoinโs record high isnโt the only win for crypto:
โ MicroStrategy (MSTR) just got added to the Nasdaq 100 and the QQQ ETF.
โ Crypto stocks like Coinbase (COIN), Robinhood (HOOD), and Bitcoin miners are surging alongside BTC.
๐น Whatโs Next?
All eyes are on Trump as he prepares to take office. Could Bitcoin play a pivotal role in U.S. financial policy? The crypto world is watching ๐.
