Commerce Secretary Howard Lutnick’s revelation of President Trump’s plan for a massive U.S. Bitcoin reserve has significantly fueled Bitcoin’s recent surge past $90,000, as reported on March 5, 2025, amplifying investor optimism with credible policy backing from a pro-crypto administration. If implemented, this reserve could legitimize Bitcoin as a strategic asset, potentially driving prices toward $100,000 or higher while prompting a more transparent regulatory framework from bodies like the SEC’s Crypto Task Force. However, it may also marginalize altcoins, increase market volatility, and reshape global crypto dynamics, balancing innovation with potential economic risks.
Ryan Lee, Chief Analyst at Bitget Research
