Bitcoin Act returns to the niche
Does the local government do not buy BTC, according to a decree formalizing the American bitcoin reserve? Think about it again, it should actually do it, and the senators will ensure that the operation is successful.
In July 2024, Senator Cynthia Lummis buzzed the submitted law to create a BTC reserve in the United States. Donald Trump took it to the floor, but the bitcoin defender has no intention of stopping there and imposing a modified version of his original law, now called Bitcoin Act.
The bitcoin act is back. pic.twitter.com/wneu6swpj3
– Senator Cynthia Lummis (@enlummis) March 11, 2025
The aim is to include the Trump initiative in the law and thus proceed to the tokens, up to about 5% of the total Bitcoin offer. The accumulated assets will also have to be left for at least 20 years to avoid profit on the back of the population.
This version of the Bitcoins Act also offers increased transparency based on reserve evidence and regular audits. Also note that the law will not change absolutely anything for private investors who will have freedom to buy, maintain and negotiate their rare BTC independently.
Small market support
The decision of Cynthie Lummis is a bit re -blocked by the heart of the crypto sphere and it shows on the market. In fact, it shows a general increase of 1.1 %, welcome recovery after a consecutive fall and the last warning of experts.
The BTC price returned over $ 80,000 and even temporarily returned to $ 83,000 at night. Analysts hope that its double bottom configuration will confirm the sustainability of the output, but be careful, the publication of CPI data today can always cancel this perspective.
$ Btc – #Bitcoin Double bottom in the game. We’ll see this game. pic.twitter.com/dph3d4tdl0
– Crypto Fella (@Cryptofeltx) March 11, 2025
Morality of history: insist that the American bitcoin reserve is to exist.
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