
Trump Creates Strategic Bitcoin Reserve, Removes Key Risk
On March 26, 2025, former President Donald Trump announced the establishment of a Strategic Bitcoin Reserve, reportedly eliminating the crypto’s last major existential risk. The unexpected move has sent shockwaves through the cryptocurrency market, with prices showing a positive response.
As per reports, the Strategic Bitcoin Reserve aims to solidify Bitcoin’s position as a legitimate asset. This initiative aligns with global trends recognizing crypto assets and could potentially lead to broader institutional adoption.
“It’s bullish for Bitcoin,” said Matt Hougan, Chief Investment Officer at Bitwise Asset Management. “I think the market will eventually realize that.”
Bitcoin’s current price is $88,216.37, a 1.18% increase in 24 hours and a 5.72% rise over the last week. Market capitalization now dominates at 60.47%, with trading volume decreasing by 11.96%.
While some experts predict regulatory shifts and potential technological gains, others remain concerned about governmental involvement in a traditionally decentralized space.
It is essential to note that similar initiatives have been observed, such as El Salvador adopting Bitcoin as legal tender. These actions have historically led to increased global attention on Bitcoin.
Source: https://www.kanalcoin.com/trump-strategic-bitcoin-reserve-impact/