Since the election the future for crypto has done a complete 180o! Trump and all those around him are themselves investors. Many of the senators been voted in are crypto friendly. Gary Gensler will be gone on Jan 20 a crypto friendly chair will replace him.Many commentators expect the outstanding cases to be dropped or settled thereafter.
Regulation is coming next year, which will bring more institutional and retail investors alike. Trump has said he's going to start a Bitcoin reserve fund. Extremely bullish now, hence the pump up.
yeah if the strategic bitcoin reserve is a real thing, expect bitcoin to be booming anywhere around the world, we all know most of countries on earth always follow example of financial step that the US is taking.
just imagine the future where every country have their own strategic bitcoin reserve much like strategic gold reserve but made of crypto and mostly bitcoin as a store of value and hedge against inflation, that'd be great.
can't wait to see this drastic step to be taken, we might be seeing historical event on the making right here.