Bitcoin Hits $105K: Impact of US Reserve Plan Highlighted
- Bitcoin breaks $105.000 in new high.
- US considers strategic Bitcoin reserve.
- Optimistic price projections through 2025.
Bitcoin reached a new all-time high on Friday, December 15, surpassing the $105.000 mark, driven by speculation that it could become a reserve asset in the United States.
The increase of more than 3,2% in price signals growing confidence among investors, who are positioning themselves to acquire more coins in the expectation of a stabilization of the market.
At the time of publication, the price of BTC is now trading at $105.034, up 3% in the last 24 hours.
Trump Effect: Bitcoin Surpasses $105 Mark
The influx of stablecoins onto exchanges, especially during election periods, is often interpreted as an indication of market optimism. During the recent election campaign, known as the “Trump pump,” significant liquidity was seen with the issuance of $2 billion in USDT. This move was crucial for the surge in the price of Bitcoin, which reached $88 in just one week, with demand for BTC reaching a peak as $148 billion worth of stablecoins, notably ERC-20 tokens, flooded onto exchanges.
Meanwhile, analysts from asset managers Bitwise and VanEck project that the price of Bitcoin could reach between $180.000 and $200.000 by 2025, regardless of whether the US creates a strategic Bitcoin reserve.
US President-elect Donald Trump has announced plans to create a national Bitcoin reserve, aiming to acquire one million Bitcoins within five years. This ambitious strategy aims to address the growing national debt, which currently stands at $35 trillion, and reposition America as a leader in the global digital economy.
The US already has a foundation for this initiative, with around 200.000 Bitcoins on hand, seized in criminal operations, currently valued at $20 billion. Senator Cynthia Lummis is leading the legislative effort to establish Bitcoin reserves, having introduced the BITCOIN Act in Congress. This legislation not only reinforces Trump’s vision, but also highlights Bitcoin as a strategic asset for the long term and an essential tool for economic stability.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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