Bitcoin (BTC) surged past $90,000 following reports that President Donald Trump's proposed US crypto reserve strategy may give preferential treatment to Bitcoin. Commerce Secretary Howard Lutnick revealed that the strategic cryptocurrency reserve, which will be discussed at the White House Crypto Summit, would distinguish Bitcoin from other cryptocurrencies. The news has fueled bullish sentiment in the Bitcoin market but has also sparked debate, with some expressing skepticism about including other altcoins in the reserve. The role of Ethereum in the reserve is also being questioned. However, the announcement of a strategic crypto reserve has led to speculation about an incoming altseason, with increased investment expected in altcoins.



Other News from Today