by aria-crypto.com
April 16, 2025 at 21:01
US Government Set to Make Strategic Moves in Bitcoin, Says Galaxy Digital Researcher
In a recent interview, Alex Thorn from Galaxy Digital suggested that the United States government might begin purchasing Bitcoin for a new strategic reserve.
This development follows the Executive Order issued in March, which bars the government from selling Bitcoin while exploring budget-friendly accumulation methods.
Thorn indicated that selling altcoins could finance these Bitcoin purchases without tapping into taxpayer funds.
Meanwhile, the Secretary of the Treasury has recognized Bitcoin as a "store of value," strengthening the asset's appeal as a strategic government investment.
Galaxy Digital CEO Mike Novogratz expressed concerns about U.S. financial markets resembling emerging economies, highlighting policy uncertainty and rising interest rates.
He noted that while Bitcoin remains resilient, it struggles to attract new buyers during times of market chaos.
As U.S.-regulated exchanges regain dominance in Bitcoin trading, analysts predict a potential rally for the cryptocurrency by late 2025.
Simultaneously, Swedish lawmakers are considering integrating Bitcoin into their national reserves, inspired by U.S. strategies.
This global shift towards Bitcoin indicates increasing acceptance of digital assets within governmental financial strategies.
As these trends unfold, the future of Bitcoin will continue to evolve, potentially reshaping the landscape of modern finance.
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