I'm sure I'm not the only one who's noticed the moves by the US first, the White House crypto summit, and now adding Bitcoin and some other altcoins to their reserves.
Has anyone else come across this? If the US is holding it, other countries might follow. We've already seen Brazil approving its own BTC reserves, so it seems like a race is forming.
This is a positive development for the crypto space, even though the market remains highly unpredictable. It might just be a matter of time before we start seeing some big moves.
But what is certain is that bitcoin can still stand alone, even without any country adopting it, bitcoin will continue to grow, we can see the growth of bitcoin from the beginning until now, slowly experiencing very significant growth. Indeed, the steps taken by the US towards crypto at this time could be more or less affected, especially since they are a superpower, but what I want to convey is that bitcoin growth does not depend on a country.
For now, the policy implemented by the US even has the desire to reserve bitcoin as a state reserve asset, of course they will hold bitcoin. The reason is simple, they want to dominate, so they can become market makers. They already hold the Dollar, where the Dollar can control the world economy. So they don't want Bitcoin to get out of their control, but in reality bitcoin can never be controlled. Indeed, this is a positive development for the crypto world, but what I want to convey is that even without the news, I am still sure that bitcoin will move in a bigger direction.