Nigel Green, CEO of deVere Group, forecasts that the United States will establish a strategic Bitcoin Reserve Fund. He anticipates that the USD will acquire between 300,000 and 400,000 BTC. This move is expected to trigger significant price increases for Bitcoin, potentially shaping the financial market landscape.
The prediction follows US Senator Cynthia Lummis’s proposal to purchase one million Bitcoin over a span of five years. This suggestion has sparked mixed reactions. Proponents see it as a strategy to anchor national financial systems on Bitcoin, potentially leading to unparalleled growth in BTC value, while skeptics remain uncertain about its implications.