Bitwise Executive: "Trump Administration's Bitcoin (BTC) Strategic Reserve Outlook Not Reflected in Price"
JH Kim
Summary
- Matt Hougan, the Chief Investment Officer of Bitwise, stated that the prediction that the United States will stockpile Bitcoin as a strategic reserve asset has not yet been reflected in the BTC price.
- BTC is trading at $106,695.57, up 1.61% from the previous day, as of 00:32 on the 21st.
- The outlook for the Trump administration's Bitcoin strategic reserve has not been reflected in the market price, which investors should note.
Matt Hougan, the Chief Investment Officer (CIO) of Bitwise, stated on the 20th (local time) via X (formerly Twitter) that "the prediction that the United States will continuously stockpile Bitcoin (BTC) as a strategic reserve asset has not yet been reflected in the BTC price."
Meanwhile, BTC is trading at $106,695.57, up 1.61% from the previous day, as of 00:32 on the 21st, based on the Binance Tether (USDT) market.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
