Summary
- David Sachs stated that they are studying the feasibility of Bitcoin (BTC) reserves.
- Virtual asset experts believe that the reserve study of BTC could significantly impact the market in the future.
- BTC is trading at $98,187.41, down 3.48% from the previous day, based on the Binance USDT market.
According to the virtual asset (cryptocurrency) market insight platform Unfolded, on the 4th (local time), David Sachs, the Trump Administration's virtual asset and AI chief (Crypto Czar), stated that they are "studying the feasibility of Bitcoin (BTC) reserves."
Meanwhile, BTC is trading at $98,187.41, down 3.48% from the previous day, based on the Binance Tether (USDT) market as of 5:02 on the 5th.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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