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:
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Bitcoin will have still skyrocketed in price as usual after halving, even without Donald Trump, not really that Trump is the main thing why Bitcoin is increasing in price, there are couple of things, one is that, Bitcoin was cut into halves and it become more scarcier that ever, secondly, Bitcoin ETFs approval, and lastly Trump being a pro Bitcoin president with his campaign promises about how he's going take Bitcoin now gave investors more confidence to flood into the market for the race to acquire Bitcoin.