Trump’s ambition to create a Bitcoin reserve raises Optimism among crypto supporters. His statement at the Bitcoin 2024 conference in Nashville ignited interest, though concerns linger due to the Federal Reserve’s disapproval of Bitcoin accumulation.
With Bitcoin priced at 98,703.53 USD and rising 5.18%, uncertainty grows as market confidence declines. The possibility of a Bitcoin Strategic Reserve decreased from 40% to 32%, influenced by the Federal Reserve’s restrictions on ownership.