Grey release: Bitcoin further appreciation without relying on the US crypto strategic reserve
2025-03-07 08:20:39
US President Donald Trump has signed an executive order to establish a strategic bitcoin reserve and a separate digital asset reserve. Zach Pandl, head of research at Grayscale Investments, believes that bitcoin does not need a strategic reserve in the United States to appreciate further this year. He expects the price of bitcoin to be pushed higher as adoption increases, and bitcoin will start to play a role as a store of value this year, especially amid concerns that Trump's tariff policy may cause inflation to heat up again.
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