Gray Research Director: Bitcoin does not need to rely on U.S. crypto strategic reserves for further appreciation
Internet reports that U.S. President Trump has signed an executive order to establish a strategic Bitcoin reserve and a separate digital asset reserve. Zach Pandl, research director at Grayscale Investments, believes that Bitcoin can appreciate further this year without the U.S. strategic reserve. He expects that as the adoption rate increases, the price of Bitcoin will be pushed up, and Bitcoin will begin to play a role as a store of value this year. Especially given concerns that Trump's tariff policy may cause inflation to rise again.
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