https://www.forbes.com/sites/digital-assets/2024/12/14/trump-confirms-bitcoin-reserve-plans-15-trillion-price-boom-predicted/This may be the biggest news of all for the Bitcoin market. US President Donald Trump has adopted Bitcoin because before Donald Trump won the election, the price of Bitcoin started to increase at a rocket speed and still the price of Bitcoin continues to increase. The Bitcoin Reserve Plan that he has now confirmed is positive for the Bitcoin market and will be bullish for Bitcoin. Trump told CNBC in an interview that they are going to do great things with crypto because they don't want China or anyone else. Maybe that's why they confirmed the Bitcoin reserve plan.
Trump told CNBC in an interview:

He can't back-off from his announcement now, even though that there might be people around/behind him that doesn't want him to do it.
Why?
Because Russia are going to do it. Japan are going to do it. OTHER COUNTRIES will be doing it. The United States CANNOT be the country that's NOT HODLING Bitcoin.
At least Trump would be fulfilling his campaign agenda of delving majorly into cryptocurrency and even making the regulatory bodies be better organized and structured to enable it being used for transactions too. We anticipated that his win was going to be a great boost for adoption of crypto currency in the U.S and yes, we were right.
Of course, Bitcoin is also the new gold and that's why there's so much rush by these world powers to own it by either DCA or by HODLing large portfolio, or by trading or by any other form of investment that involves crypto.