US Bitcoin Reserve During Trump Presidency Could Boost BTC to $1 Million

According to Adam Back, the Bitcoin Strategic Reserve could see the price of Bitcoin reach a valuation of over $1 million in this market cycle.

US Bitcoin Reserve During Trump Presidency Could Boost BTC to $1 Million

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A Bitcoin-related bill is gaining support in the United States, potentially boosting the value of the cryptocurrency to as much as $1 million.

Former President Donald Trump's victory in the 2024 presidential election on November 5 has sparked optimism for more cryptocurrency-friendly policies.

One of the most anticipated bills is the Bitcoin Act, championed by Wyoming Republican Senator Cynthia Lummis, which proposes the creation of a Bitcoin strategic reserve.

BTC

tickers down

91.224 €

for the US, making it the first nation to use it as a "technology

of savings".

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