Initially, we expected the US to have a Bitcoin strategic reserve, but it has not been fulfilled by the current Bitcoin enthusiasts. I don't know how much of an impact it will have on the crypto space and how much you believe it, because when big investors and countries buy Bitcoin, they try to buy it cheaply, they can use this move and this strategy. But we expected that by buying millions of Bitcoins, they would create a Bitcoin strategic reserve, but that didn't happen.
Maybe the US lead by president, Donald Trump do not want to buy Bitcoin now that the price is still high, maybe they want to buy during the bear market that is expected to come by next year after the bull market ends this year. Maybe they have plans, that is why they have not announced their purchase. Bitcoin is not growing in rapid state anymore but it did grow last year by the last quarter ending. And also when the strategic reserved news was announced. It could also be that the US government have already bought Bitcoin but they do not want to announce it yet. When Bitcoin in those large quantities are being purchased, they do not do it directly from the exchange market but do it in private deals with exchanges to avoid it affecting the market that much.