• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin as US Reserve: Trump's Plans and Potential Price Dynamics

user avatar

by Giorgi Kostiuk

a year ago

Donald Trump may issue an executive order making Bitcoin a US reserve asset, possibly causing significant changes in cryptocurrency valuation.

Trump's Plan for Bitcoin as a Reserve

There is potential for Trump, as president, to issue an order declaring Bitcoin a reserve asset. This could be executed under the provisions of the 'Dollar Stabilization Act'. According to Jack Mallers, CEO of Strike, such an order could involve purchasing 200,000 BTC annually. Over five years, reserves would amount to 1 million BTC, constituting 5% of the total supply.

“It wouldn't be the size and scale of 1 million coins but it would be a significant position.”Jack Mallers

Bitcoin Price Predictions

Perianne Boring believes Bitcoin's capped supply could lead to substantial price increases if Trump enacts his proposals. It's forecasted that the cryptocurrency’s price could reach $800,000 by the end of 2025. PlanB, creator of the stock-to-flow model, predicts an average price of $500,000 in 2025, with potential spikes to $1 million.

Investor Recommendations for Bitcoin

BlackRock advises investors to allocate 1-2% of their portfolio to Bitcoin. The company's report suggests that this could be prudent given the growing demand for BTC and potential price surges. Such a strategy could see Bitcoin's price potentially rise to about $900,000 per unit.

Trump's possible actions could significantly impact the Bitcoin market. Careful research is recommended for any investment decisions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Americans Show Increasing Use of AI Despite Negative Sentiment

chest

A recent NBC News poll shows that while over half of Americans have used AI platforms, their overall sentiment towards the technology remains negative.

user avatarRajesh Kumar

Increased Activity on XRP Ledger Signals Network Usage Growth

chest

Transaction activity on the XRP Ledger has surged, indicating a rise in real network usage.

user avatarMiguel Rodriguez

XRP Market Liquidity Shifts to Upbit

chest

Recent data indicates that Upbit has surpassed Binance and Coinbase in XRP trading volume, signaling a notable shift in market liquidity.

user avatarLuis Flores

Sharplink Reports Significant Loss Amid Ethereum Price Drop

chest

Sharplink reported a full-year loss of $734 million due to declining Ethereum prices, despite achieving $101 million in profits in 2024.

user avatarArif Mukhtar

UK Political Landscape Faces Scrutiny Over Crypto Donations

chest

Reform UK has become the first major British political party to accept cryptocurrency donations, raising concerns about transparency, money laundering, and foreign interference in elections.

user avatarMaria Gutierrez

Nigel Farage Joins Stack BTC Plc as Investor

chest

Reform UK leader Nigel Farage has made a notable investment in Stack BTC Plc, contributing to a fundraising round aimed at bolstering the company's Bitcoin treasury.

user avatarDavid Robinson

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.