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Trump to Order Bitcoin Reserve Fund After Inauguration

Trump to Order Bitcoin Reserve Fund After Inauguration

HappyCoinNewsHappyCoinNews2024/12/16 19:00
By:HappyCoinNews

Jack Mallers, CEO of cryptocurrency company Strike сообщил that US President-elect Donald Trump will order the creation of a Bitcoin reserve fund immediately after his inauguration.

Trump is going to do it on his first day. I know people are paying attention to the Dollar Stabilization Act because it gives the president broad authority to protect the dollar.

There is a possibility that he will issue an order to buy bitcoin on day one,” Mallers said during the podcast.

Trump to Order Bitcoin Reserve Fund After Inauguration image 0

Jack Mallers

Jack can't say exactly how many bitcoins the US government will buy. He doesn't think it will be in the millions, but it will be a significant amount. The US government's crypto wallet currently has are stored 198 BTC worth $109 billion at the current rate.

The news of the possible creation of a Bitcoin reserve fund has led to a renewed bullish rally in the cryptocurrency market due to an increase in the number of coins purchased. Therefore, the BTC rate for the first time in history exceeded $ 106 and reached a new high of $ 000 on the exchange Bitstamp However, during the correction, the asset price fell below $105 again.

Hotheads have rushed to make bold predictions about the rise in the Bitcoin rate. For example, the founder of the human rights organization The Digital Chamber, Perrianne Boring, predicted that the value of BTC will rise to $800 by the end of 000 if Trump manages to create a Bitcoin reserve fund.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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