The US government currently controls 328,300 Bitcoins, which, based on the current price, amounts to a total value of over $30 trillion. What is the significance behind this number? In simple terms, the US has become one of the largest Bitcoin holders in the world, and the government's stance and holdings directly influence market trends.
More importantly, the US government is now the player most eager to see Bitcoin prices rise significantly. From both political and economic perspectives, a price increase aligns with US interests. This situation is rare in history—a sovereign nation using treasury funds to bet on an asset and publicly disclose its holdings.
What does this mean for retail investors? At least it indicates a recognition of Bitcoin's long-term value at the government level. While this endorsement may not directly push prices higher, it does change the power dynamics in the market. The upcoming price movements and the US government's attitude will be key variables.
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AirdropGrandpa
· 12h ago
The US's move this time is incredible. Even the national team has stepped in. Do you still dare to be pessimistic about BTC?
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faded_wojak.eth
· 13h ago
The US government has become the biggest long position. This just got interesting; retail investors will just follow and reap the benefits.
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liquidation_watcher
· 13h ago
Damn, the US government’s move is really outrageous, directly transforming from the opposition to the biggest market maker?
By the way, retail investors, what chance do we still have...
Wait, 30 trillion? Did someone miscalculate the number somewhere?
Does official endorsement matter? The key still depends on when they start dumping the market.
The US government currently controls 328,300 Bitcoins, which, based on the current price, amounts to a total value of over $30 trillion. What is the significance behind this number? In simple terms, the US has become one of the largest Bitcoin holders in the world, and the government's stance and holdings directly influence market trends.
More importantly, the US government is now the player most eager to see Bitcoin prices rise significantly. From both political and economic perspectives, a price increase aligns with US interests. This situation is rare in history—a sovereign nation using treasury funds to bet on an asset and publicly disclose its holdings.
What does this mean for retail investors? At least it indicates a recognition of Bitcoin's long-term value at the government level. While this endorsement may not directly push prices higher, it does change the power dynamics in the market. The upcoming price movements and the US government's attitude will be key variables.