Bitcoin Strategic Reserves: Senator Lummis Sparks New Hope for Cryptocurrency Policy Progress

COINOTAG reports on May 28th that QCP Capital highlighted a **decline in volatility** across most asset classes, attributing this to a relative absence of significant news and macroeconomic developments. The marketplace is currently experiencing a phase of calm, with **market participants** becoming increasingly desensitized to negative headlines that previously provoked strong reactions.

Recent fluctuations in U.S. Treasury yields reveal that despite a brief surge in volatility attributed to the “grand and beautiful bill,” the 10-year and 30-year yields have notably dipped below **4.5%** and **5.0%**, respectively. This situation persists even as the U.S. debt-to-GDP ratio remains above **120%**, compounded by an anticipated increase of **$3.8 trillion** in national debt.

Investor focus is now shifting towards the upcoming **U.S. Treasury bond auctions** in June, which will include 10-year, 20-year, and 30-year bonds. Additionally, the **Japanese Ministry of Finance** is poised to issue long-term bonds in response to current market sentiment. Analysts suggest a strategic adjustment in issuance could mitigate volatility along the yield curve.

In a significant development for the cryptocurrency sector, **Senator Lummis** reignited discussions on stablecoins and Bitcoin reserves, hinting at potential progress in **digital asset policy**. With the **Trump Media** initiative targeting **$25 billion** to establish Bitcoin reserves, there lies potential for enhanced structural demand in the crypto market, cultivating optimism for future institutional engagement.

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