Bitcoin’s volatile rise with trump’s backing: Bitcoin is currently trading at 97,000 USD, showing significant volatility. Donald Trump’s electoral success has fueled Optimism among crypto investors, anticipating reduced regulatory pressure in the United States.

Fed’s Bitcoin reserve proposal faces hurdles: Senator Cynthia Lummis suggested the Fed begin amassing a Bitcoin reserve, which Trump supports. However, the significant Fed debt of 212 billion USD and procedural complexities cast doubts on the feasibility of such an initiative.

Crypto market watches regulatory changes: Investors remain hopeful about Bitcoin ETF approvals and policies easing. The potential establishment of a Fed Bitcoin reserve could affect the market significantly. Observers are keen on seeing how Trump’s stance evolves amid these pivotal discussions.