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

Trump and Bitcoin: A Plan Resonates in the Market

user avatar

by Giorgi Kostiuk

3 months ago


The Bitcoin world is buzzing with potential changes, particularly with former President Trump’s plans for a Bitcoin reserve. Experts like Anthony Scaramucci are closely monitoring the situation, as this could impact the market.

When Will The Bitcoin Strategic Reserve Get Passed?

Trump's plan for a Bitcoin reserve suggests that the U.S. government might hold significant amounts of Bitcoin as part of its national reserves, potentially stabilizing its price through government backing. However, this raises concerns about government control over a decentralized currency like Bitcoin.

Anthony Scaramucci’s Take

Anthony Scaramucci has weighed in on the idea of a Bitcoin reserve as a potential game-changer, though not without complexities. He sees it as beneficial for the U.S. economy and financial strategy but warns of the risks associated with centralization.

Scaramucci cautions that this move needs careful planning to avoid over-centralizing control and potentially stifling innovation within the crypto space.

Bitcoin is Here to Stay

Trump’s idea of a Bitcoin reserve is gaining attention, but Scaramucci advises caution. Despite Bitcoin’s price fluctuations, he remains optimistic about its future, drawing parallels to the early days of the internet. He also anticipates clear regulations in the crypto industry.

Scaramucci predicts Bitcoin could hit $200,000 by the end of 2025, though there may be some drops along the way.

Future moves by Trump's administration could alter the course of the Bitcoin market. Scaramucci is hopeful for clear legislative frameworks and sees potential for growth, even in uncertain times.

0

Share

Other news

BYDFi 5th Anniversary: Innovation and Web3 in Focus

BYDFi celebrates its 5th anniversary: history of growth and Web3 adoption.

user avatarGiorgi Kostiuk

2 minutes ago

Ethereum Price May Drop Due to Weak Stock Market

Analyst Benjamin Cowen predicts Ethereum's price may decline owing to stock market weakness and macroeconomic factors.

user avatarGiorgi Kostiuk

3 minutes ago

Trump's Tariffs Shake Crypto and Global Markets

Trump's tariffs caused a sharp drop in crypto and global markets: Fear Index plummets to 25.

user avatarGiorgi Kostiuk

3 minutes ago

Qubetics Cryptocurrency: Interoperability and Growth Potential

Qubetics offers unique blockchain interoperability and promises high growth potential.

user avatarGiorgi Kostiuk

3 minutes ago

Cryptocurrencies in National Reserve: US Initiative

Donald Trump's announcement of a US crypto reserve including Bitcoin and Ethereum sparks a global discussion on digital assets.

user avatarGiorgi Kostiuk

4 minutes ago

XRP Price Update: Preparing for a Downturn?

XRP holds near the $2 level; market analysis shows potential shifts in the crypto market.

user avatarGiorgi Kostiuk

10 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.