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Home»ALTCOIN NEWS»Bitcoin Test Trump’s Crypto Reserve Plan for $ 90K
ALTCOIN NEWS

Bitcoin Test Trump’s Crypto Reserve Plan for $ 90K

By Crypto FlexsMarch 7, 20254 Mins Read
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Bitcoin Test Trump’s Crypto Reserve Plan for $ 90K
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Bitcoin (BTC) has exceeded $ 90,000 in the proposed US encryption preliminary strategy of Donald Trump, following a potential priority treatment.

Trump is more speculated than the White House password summit, which will host and introduce the best digital asset industry management.

Trump’s Bitcoin Preliminary Plan has been released.

Pavlovick, who cited Howard Rutnick, said, today, today’s strategic cryptocurrency reserve forces will be on the Friday agenda of Trump’s White House encryption summit.

“I think there is a Bitcoin strategic protection area. How can you handle other cryptocurrencies now? And I think this model will be announced on Friday, ”Lutnick said.

Reportedly, Trump conceives strategic bitcoin protection zones and distinguishes them from other cryptocurrencies. Lutnick suggests that Bitcoin will be unique in accordance with the Trump’s plan.

“So Bitcoin is one thing, and other calls, other Crypto tokens will be treated differently differently differently, he added.

Following this news, Bitcoin regained a psychological level of $ 90,000, and BTC traded for $ 90,097 at this point. According to Beincrypto data, this shows a surge of more than 7% since the Wednesday session is held.

BTC price performance. Source: Beincrypto

Printed priority treatment for Bitcoin is not surprising considering the heft as a pioneer encryption. Similarly, products such as Ethereum (ETH) are also in place for privileges that are possible.

Trump was a spokesman for the digital asset industry, but he had a higher tendency for the encryption king ahead of the Bitcoin Conference in July 2024.

In the recent truth social post, he emphasized the administration’s commitment to raise the encryption sector. Trump, in particular, announced that the US encryption reserve will include XRP, SOL and ADA, along with Bitcoin and Ether Leeum.

But Lutnick’s opinion suggests that Bitcoin can get a special status in the new framework. Trump’s announcement caused optimistic feelings in the Bitcoin market, but it caused an important debate.

Some encryption leaders have expressed skepticism about the US protection zone, including alternative cryptocurrency (ALTCOINS). Critics argue that market distortions can occur if they prefer Bitcoin while handling other tokens differently.

For a long time, Peter Schiff, Bitcoin critics, was called Trump’s password reserve plan. On the other hand, other experts predicted that additional ALTCOINS could be integrated into the reserve army before, and it is a prediction that is currently challenged by the latest statement of Lutnick.

Another major story is the role or lack of Ether Lee in the preliminary preliminary strategy. At the White House encryption summit, leaders of ecosystems operated by Ether Leeum appear, but the blockchain lacks expression.

Nevertheless, strategic encryption reserve announcements have led to speculation of the coming of the adventure season. Tim Haldorsson, the founder of Luna Strategy, told Beincrypto that Trump’s plan could lead to an increase in investment in Altcoins.

However, Henrik Zeberg Jensen, the head of the macro economics and the fund manager of Swissblock Technologies AG, has a different opinion.

“Trump is not a testimony or evidence of which token will succeed. Look at his memes coin (Trump)! It is not useful and is not led by guessing. In the long run, the success of all tokens is based on the usefulness of tokens in future solutions that can increase productivity and save money. Trump’s choice seems to be arbitrarily, ”Zeberg told Beincrypto.

If Bitcoin gets treatment first in the cryptocurrency, Altcoins can still benefit. Historically, the Bitcoin -led rally has often opened the path of Altcoin surge.

disclaimer

By complying with the Trust Project guidelines, Beincrypto is dedicated to unbiased and transparent reports. This news article aims to provide accurate and timely information. However, readers should check the facts independently and consult with experts before making a decision based on this content. Our Terms and Conditions, Personal Information Protection Policy and Indemnity Clause have been updated.

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