BREAKING
228d 18h ago

US Government Plans Strategic Bitcoin Reserve and May Disclose BTC Holdings, Confirms Digital Asset Advisor

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

White House Digital Asset Policy Advisor Bo Hines recently revealed that the United States is actively developing the necessary infrastructure to establish a strategic Bitcoin reserve. This initiative aligns with growing governmental interest in integrating digital assets into national financial frameworks. Although the executive order issued in March did not mandate the Treasury Department to disclose the current Bitcoin holdings, there is potential for increased transparency regarding the government’s crypto assets. Hines emphasized that the administration is considering expanding Bitcoin reserves in a budget-neutral fashion, reflecting a cautious yet progressive approach to digital asset management. This development signals a significant step toward formalizing Bitcoin’s role within U.S. fiscal policy, underscoring the government’s recognition of cryptocurrency as a strategic financial instrument.

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