Speculation is swirling around Bitcoin as Donald Trump may designate it a U.S. reserve asset on his first day in office, according to Strike CEO Jack Mallers. The potential executive order could see the U.S. Treasury and Federal Reserve buying 200,000 BTC annually, as per the Bitcoin Act of 2024. This move might push Bitcoin's price to $800,000 by the end of 2025, with some predictions even reaching $1 million. Meanwhile, BlackRock suggests a 1-2% portfolio allocation to Bitcoin, hinting at growing institutional interest. The future of Bitcoin looks promising, but risks remain.
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