BREAKING
176d 13h ago

U.S. Bitcoin Strategic Reserve: Tom Lee Highlights Importance for America’s Digital Future

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 significant development for the cryptocurrency landscape, Tom Lee, the newly appointed Chairman of the Board at BitMine, recently echoed the sentiments of U.S. Treasury Secretary Bennett regarding the establishment of a strategic Bitcoin reserve. Lee emphasized that this initiative is a pivotal move for reinforcing the U.S.’s dominance in the increasingly competitive era of digital assets. Bennett’s recent remarks highlighted the role of confiscated Bitcoin in undergirding this reserve, a measure initially outlined by President Trump in a March executive order. Furthermore, the Treasury Department is actively investigating budget-neutral strategies to augment the reserve’s holdings, aligning with the administration’s vision of elevating the U.S. as a global Bitcoin superpower. This proactive approach signifies a robust commitment to integrating cryptocurrency into the nation’s economic framework.

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