"US Bitcoin Reserve Bill, Only 2 Weeks Until Finalization... Positive Impact on Bitcoin"

Bitcoin (BTC) is showing strength, surpassing $93,000 during the day, with some analysis suggesting that expectations for the US Bitcoin reserve bill have contributed to this upward trend.

According to Bloomberg on the 23rd (local time), Vetle Lunde, head of research at K33, stated, "President Donald Trump signed an executive order in early March to establish a national strategic reserve composed of Bitcoin and other tokens," adding, "At that time, he instructed the Treasury Secretary to submit an evaluation report on the legal and investment feasibility of the plan within 60 days, and currently, there are about two weeks left until the deadline."

Bloomberg assessed, "This means that detailed information about the US Bitcoin strategic reserve could soon be released, which could be one of the important factors positively impacting the recent rebound in the virtual asset market."

Additionally, factors that have recently driven Bitcoin's upward trend include the easing of US-China tensions and the weakening of the dollar due to President Trump's pressure on the Federal Reserve (Fed). Meanwhile, as of 1:48 PM on the 23rd (Korean time), Bitcoin is trading at $93,387, up 5.88% from the previous day.