Trump’s US Bitcoin reserve is expected to drive global adoption, boost institutional investment and cement Bitcoin as a strategic asset, analysts say.
President Donald Trump’s executive order establishing a US Strategic Bitcoin Reserve and a National Digital Asset Stockpile is expected to be a catalyst for wider Bitcoin adoption, according to investment analysts and crypto industry leaders.
On March 6, Trump acknowledged the need to “harness” the power of digital assets while signing the executive order for crypto assets, which states:
Ryan Rasmussen, the head of research at Bitwise, anticipates a cascading effect where other countries and private investors will invest in Bitcoin (BTC) with renewed confidence. “The end game was never ‘the US government buys all of the world’s Bitcoin,’” he said.
