
US Bitcoin Reserve Could Spark a Historic Bull Run in 2025
The possibility of the United States accumulating up to 400,000 bitcoins by 2025 has sparked speculation about the potential impact on global financial markets. Devere Group CEO Nigel Green believes that such an event would not only redefine the value of bitcoin but also trigger a historic bull run.
According to Green’s forecast, the US is expected to acquire between 300,000 and 400,000 bitcoins next year as part of its strategic reserve plan. This initiative follows the introduction of the Bitcoin Act of 2024 by Senator Cynthia Lummis. While the legislation remains in its early stages and subject to political negotiations, Green suggests that it could drive unprecedented momentum among both retail and institutional investors.
Green emphasized that if this reserve is established, it would likely result in a massive bull run for bitcoin, leading to exponential value creation and reshaping financial markets worldwide.
Source: www.crypto-news.net