BREAKING
257d 16h ago

U.S. Government Explores Pathways to Acquire More Bitcoin, Says Crypto Czar David Sacks

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 notable discussion at the Bitcoin 2025 conference, White House Crypto Czar David Sacks addressed the potential for the U.S. government to enhance its Bitcoin holdings. Sacks indicated that while he “can’t commit to anything,” there exists a structured pathway for the government to acquire additional Bitcoin without exacerbating the national debt. He emphasized the importance of exploring budget-neutral funding avenues that do not involve new taxation. Sacks elaborated, stating, “The pivotal question is whether we can galvanize the Treasury or Commerce Department into action, as their enthusiasm could catalyze a presidential endorsement for this initiative.” This conversation underscores the growing acknowledgment within government circles of the strategic significance of Bitcoin in the evolving financial landscape.

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