Bitcoin Reaches New ATH Amid Rumors of Its Role in US Strategic Reserve

Late at night Moscow time, the flagship crypto asset reached $106 million, which is an absolute record. In total, over the past month, the coin has grown by 16, and since the US presidential election, the results of which were announced on November 5, by more than 50%. According to Strike founder and CEO Jack Mullers, such dynamics are due to the fact that Bitcoin has every chance of becoming an important part of the US strategic financial reserve. According to the expert, Donald Trump may issue the corresponding issue on the first day of his presidency.

Meanwhile, Satoshi Action Fund Executive Director Dennis Porter noted that the 3rd US state is already developing a bill providing for the creation of a strategic reserve for bitcoin. However, he did not specify how the region will follow the path of Texas and Pennsylvania. The expert also noted that in the foreseeable future, at least 10 US states will ratify the relevant bill.