Bloomberg: U.S. Strategic Bitcoin Reserve Details May Be Announced in the Coming Weeks

Jinse reported that in early March, Trump signed an executive order to establish a national Bitcoin reserve and other token strategic reserves. The order requires the Treasury Secretary to submit an assessment report on the legal and investment feasibility of the plan within 60 days. With less than two weeks remaining before the 60-day deadline set by the executive order, it means more details of the U.S. Bitcoin reserve will soon be disclosed. Market anticipation of this event may be one of the important catalysts for the recent rebound in crypto assets. Additionally, any remarks questioning the independence of the Federal Reserve have also had positive spillover effects on Bitcoin.