BREAKING
559d 14h ago

US Strategic Bitcoin Reserve to Be Partially Funded by Revaluation of Fed’s Gold, Draft Bill Shows

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

**Strategic Bitcoin Reserve of the USA to Be Partially Financed by Revaluation of Fed’s Gold, Draft Bill Indicates**

In a significant development for the cryptocurrency world, a draft bill currently in circulation suggests that the United States may finance its strategic Bitcoin reserve partly by revaluing the gold held by the Federal Reserve. This initiative reflects the evolving attitude towards digital assets and their integration into traditional financial systems.

The proposal indicates a growing acknowledgment of Bitcoin’s potential as an asset class, demonstrating the government’s willingness to explore innovative financial strategies. This move could potentially pave the way for further institutional adoption and signal a more robust regulatory framework for cryptocurrencies in the future. Stay tuned as this story develops.

Share News:
Don't Miss Breaking News