🌟🌟🌟Bitcoin has been on a roller coaster ride and has dropped to USD 84,000 mark recently. It is a far cry from its all time high of over USD 103000 achieved in December 2024.
Even though Donald Trump announced that he will be creating a US Bitcoin Reserve, so far there has been no indication of how much and when that will actually happen.
Michael Saylor , CEO of $Strategy(MSTR)$ has said that Bitcoin will play a complementary role with the US Dollar in the future . He certainly has a vested interest in Bitcoin as Strategy has been buying Bitcoin, creating a big stockpile of Bitcoin, the largest ever by a publicly listed company.
However it is best to tread with caution when dealing with Bitcoin due to the bearish sentiments caused by the unpopular trade tariffs by the Trump Administration which could escalate further into trade wars.
Nonetheless I believe that Bitcoin and Cryptocurrencies will continue to play a key role in the future ever since Spot Bitcoin ETFs were launched and Big Institutions such as BlackRock are very much involved. Donald Trump is also the most pro Crypto US President ever.
@Tiger_comments @TigerClub @CaptainTiger @TigerStars
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