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398d 10h ago

Bitcoin Set to Become Key Asset in National Reserves by 2025, Says Fidelity Digital Assets

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

In a recent analysis by Fidelity Digital Assets, it was predicted that an increasing number of nations may integrate Bitcoin into their national strategic reserves by 2025, potentially catalyzing remarkable growth within the cryptocurrency market. In the report titled “Outlook 2025,” research analyst Matt Hogan highlighted the trend of central banks, government treasuries, and sovereign wealth funds looking to bolster their portfolios through strategic investments in digital assets like Bitcoin. This comes in light of successful examples from Bhutan and El Salvador, which have demonstrated substantial returns in a comparatively brief timeframe.

Hogan cautioned that neglecting to incorporate Bitcoin into reserves might pose higher risks amid global economic challenges such as hyperinflation and currency devaluation. He also noted that should the United States advance its Bitcoin reserves strategy, it could trigger a covert accumulation of Bitcoin by other nations, as public disclosures could inadvertently inflate demand and price. As the landscape evolves, strategic positioning in Bitcoin may become crucial for safeguarding national financial interests.

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