It looks like positive action has been started in the US after electing Donald Trump as president in the US and he is the 47th president in the country. The way Bitcoin has been growing in the last couple of years then some countries have taken approve active approach to build Bitcoin reserves for them and it is a good strategy for those countries to have skin in the Bitcoin game. Currently, some of the countries are lagging and they are not paying much attention to this thing part which should not be the case.
India is also one of the countries where they do not have Bitcoin holding as of now and I believe they must pay attention to this else it might be too late for them to own Bitcoin because the prices will increase. After the election, it is expected that a lot of good things will be happening in the US for crypto and Bitcoin so we need to be ready to witness that also if we can accumulate more Bitcoin then it is going to be an even better decision I believe.
Senator Cynthia Lummis reaffirmed plans to establish a strategic Bitcoin reserve following Donald Trump’s election as the 47th US President.
This has been announced on social media that the US is going to have a strategic Bitcoin reserve on a national level which I think is big news and probably many other countries will also try to pay attention to this matter. If a country like the US is going to do this like this then I'm sure many other countries will also try to build their Bitcoin holdings over the period so that they can have these asset curves as well in their portfolio.
In a nutshell, if we look at the broader picture then things are getting better in the market and although we don't know whether the bull run is going to start soon or not but we can certainly see that things are getting to the right point and hopefully this will also get things more valuable because the way it is growing is really good for the overall crypto industry.
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