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Grayscale: BTC further appreciation does not need to rely on US encryption strategic reserves
Golden Finance reported that US President Trump has signed an executive order to establish a strategic Bitcoin reserve and a separate digital asset reserve. Zach Pandl, research director at Grayscale Investments, believes that Bitcoin does not need a strategic reserve from the US to further appreciate this year. He expects that as adoption rates increase, the price of Bitcoin will be pushed up. At the same time, Bitcoin will begin to serve as a means of store of value this year, especially in the situation where concerns about Trump's tariff policies may lead to a resurgence of inflation.