{"id":64729,"date":"2025-01-20T14:15:57","date_gmt":"2025-01-20T14:15:57","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2025\/01\/20\/bitcoin-soars-towards-110000-as-reserve-rumors-heat-up\/"},"modified":"2025-01-20T14:15:57","modified_gmt":"2025-01-20T14:15:57","slug":"bitcoin-soars-towards-110000-as-reserve-rumors-heat-up","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2025\/01\/20\/bitcoin-soars-towards-110000-as-reserve-rumors-heat-up\/","title":{"rendered":"Bitcoin Soars Towards $110,000 As Reserve Rumors Heat Up"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div xmlns:default=\"http:\/\/www.w3.org\/2000\/svg\">\n<div class=\"article-translation\">\n\t\t\t<a href=\"https:\/\/www.newsbtc.com\/es\/news\/bitcoin\/bitcoin-soars-towards-110000-reserve-rumors-heat-up\/\" class=\"article-translation__link\"><br \/>\n\t\t\t\tEste art\u00edculo tambi\u00e9n est\u00e1 disponible en espa\u00f1ol.<br \/>\n\t\t\t<\/a>\n\t\t<\/div>\n<p>Bitcoin has surged to a brand new all-time excessive of $109,558 throughout early Asian buying and selling hours, aligning with President Donald Trump\u2019s inauguration day. Market observers level to the heightened risk that Trump may set up a Strategic Bitcoin Reserve (SBR) via an govt order\u2014considered one of probably 100 he may signal instantly upon taking workplace.<\/p>\n<h2>Is A Strategic Bitcoin Reserve Coming?<\/h2>\n<p>Talk of a US Bitcoin reserve below Trump has circulated for months, however <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/us-bitcoin-reserve-price-to-500000\/\" target=\"_blank\">speculation<\/a> intensified when Polymarket, a crypto-based prediction platform, confirmed a sudden spike within the odds of such a reserve forming inside Trump\u2019s first 100 days. The odds, which hit 59%, rapidly preceded Bitcoin\u2019s pump to its recent peak.<\/p>\n<figure id=\"attachment_678927\" aria-describedby=\"caption-attachment-678927\" style=\"width: 2062px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" decoding=\"async\" class=\"wp-image-678927 size-full\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-20-124258.png?resize=2062%2C1065\" alt=\"Will Trump create Bitcoin reserve in first 100 days?\" width=\"2062\" height=\"1065\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-20-124258.png?w=2062 2062w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-20-124258.png?w=460 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-20-124258.png?w=768 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-20-124258.png?w=860 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-20-124258.png?w=1536 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-20-124258.png?w=2048 2048w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-20-124258.png?w=750 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-20-124258.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" loading=\"lazy\"\/><figcaption id=\"caption-attachment-678927\" class=\"wp-caption-text\">Will Trump create Bitcoin reserve in first 100 days? | Polymarket<\/figcaption><\/figure>\n<p>In the previous, Trump campaigned on probably <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-trump-inauguration-buy-the-news-event\/\" target=\"_blank\">transferring all seized<\/a> BTC by regulation enforcement right into a government-held reserve. Although there was no official affirmation, rumors {that a} formal order could possibly be signed \u201cas early as Inauguration Day\u201d ignited value momentum.<\/p>\n<p><h2 class=\"jeg_block_title\"><span>Related Reading<\/span><\/h2>\n<\/p>\n<p>Notably, a number of influential Bitcoin advocates met with the incoming administration over the previous weekend, fueling SBR hypothesis. Senator John Barrasso wrote by way of X (previously Twitter) on Sunday: \u201cSenator Lummis and I had a great time talking with President Donald Trump this morning. Wyoming is ready for Inauguration Day tomorrow!\u201d<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/senator-lummis-claims-bitcoin-could-cut-national-debt-in-half-by-2045\/\" target=\"_blank\">Senator Cynthia Lummis<\/a>, recognized for her pro-Bitcoin stance, bolstered the chatter round a government-led BTC initiative. In a Jan. 17 publish on X, she said: \u201cWorking hard to get the Strategic Bitcoin Reserve and comprehensive digital asset legislation across the finish line. Thanks for stopping by @jespow, @arjunsethi, @DavidLRipley !\u201d<\/p>\n<p>Lummis\u2019 personal legislative proposal, dubbed the \u201cBitcoin Bill,\u201d famously proposes to buy 1 million Bitcoin.<br \/>MicroStrategy Chairman Michael Saylor additionally attended conferences with the Trump administration\u2019s cupboard. He shared a photograph on X of himself alongside Robert F. Kennedy Jr. and Jared Kushner, captioned: \u201cThe Future is \u20bfright\u201d<\/p>\n<p>Meanwhile, Eric Trump posted an image with Saylor and \u201cCrypto Czar\u201d <a href=\"https:\/\/www.newsbtc.com\/news\/solana\/trump-crypto-czar-david-sacks-bullish-solana\/\" target=\"_blank\">David Sacks<\/a>, commenting: \u201cTo the moon! \ud83d\ude80\ud83d\ude80 #Bitcoin @WorldLibertyFi @saylor @DavidSacks\u201d<\/p>\n<p><h2 class=\"jeg_block_title\"><span>Related Reading<\/span><\/h2>\n<\/p>\n<p>Further underscoring the White House\u2019s obvious openness to Bitcoin, Fred Thiel, Chairman and CEO of MARA Holdings (NASDAQ:MARA)\u2014considered one of America\u2019s largest Bitcoin mining corporations\u2014was reportedly seated with the incoming US Secretary of Defense on the Vice President\u2019s reception on Saturday night time.<\/p>\n<p>MacroScope (@MacroScope17), a outstanding market analyst, <a href=\"https:\/\/x.com\/MacroScope17\/status\/1881070499721007129\" target=\"_blank\" rel=\"nofollow\">noted<\/a> on X: \u201cKeep in mind that the reports and photos we\u2019re seeing of Trump and his incoming cabinet engaging with BTC advocates (Scott Bessent at the crypto ball etc) are just the tip of what\u2019s happening. Expecting lots of headlines to hit in coming days, weeks and months. Unique situation in the history of financial markets.\u201d<\/p>\n<p>David Bailey, CEO of BTC Inc, who performed a notable function in encouraging then-candidate Trump\u2019s pro-Bitcoin platform, referred to Trump\u2019s latest foray into a private <a href=\"https:\/\/www.newsbtc.com\/altcoin\/trump-coin-accused-of-100-grift-says-youtuber-coffeezilla\/\" target=\"_blank\">memecoin TRUMP<\/a> as \u201cnot my cup of tea,\u201d however <a href=\"https:\/\/x.com\/DavidFBailey\/status\/1881249589329592336\" target=\"_blank\" rel=\"nofollow\">emphasized<\/a> gratitude for Trump\u2019s pro-Bitcoin stance by way of X right now.<\/p>\n<p>\u201cI will continue to do whatever I can to support the President and his family\u2019s embrace of Bitcoin and provide honest counsel when called upon. America will be a Bitcoin and Crypto Superpower and the winning has only just begun.\u201d When a consumer requested Bailey if sure main crypto-friendly actions\u2014resembling liberating Ross Ulbricht, confirming a stockpile by govt order, and co-sponsoring Sen. Lummis\u2019 SBR invoice\u2014would make up for the TRUMP memecoin controversy, Bailey responded: \u201call those things will happen and more\u201d<\/p>\n<p>Charles Edwards, CEO of Capriole Investments, <a href=\"https:\/\/x.com\/caprioleio\/status\/1881290851055489089\" target=\"_blank\" rel=\"nofollow\">observed<\/a> that Bitcoin\u2019s fast transfer decrease adopted by a swift rebound to new highs may point out additional features. \u201cTrust the second move,\u201d Edwards remarked, emphasizing that \u201cwhen markets move aggressively in one direction, and reverse it all shortly after, the second move has a higher probability of being the real move that sets the new trend.\u201d<\/p>\n<p>He added that after \u201ca good old fashioned short squeeze,\u201d buyers realized the \u201coverwhelming positivity\u201d of the rumored developments\u2014starting from \u201chigher odds of a BSR\u201d to \u201cthe onboarding of the MAGA army into crypto.\u201d Still, Edwards acknowledged that \u201canything can happen\u201d in such a risky market atmosphere.<\/p>\n<p>At press time, BTC traded at $108,182.<\/p>\n<figure id=\"attachment_678923\" aria-describedby=\"caption-attachment-678923\" style=\"width: 3628px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" decoding=\"async\" class=\"wp-image-678923 size-full\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/BTCUSDT_2025-01-20_12-40-08.png?resize=3628%2C1675\" alt=\"Bitcoin price\" width=\"3628\" height=\"1675\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/BTCUSDT_2025-01-20_12-40-08.png?w=3628 3628w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/BTCUSDT_2025-01-20_12-40-08.png?w=460 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/BTCUSDT_2025-01-20_12-40-08.png?w=768 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/BTCUSDT_2025-01-20_12-40-08.png?w=860 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/BTCUSDT_2025-01-20_12-40-08.png?w=1536 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/BTCUSDT_2025-01-20_12-40-08.png?w=2048 2048w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/BTCUSDT_2025-01-20_12-40-08.png?w=750 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/BTCUSDT_2025-01-20_12-40-08.png?w=1140 1140w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/01\/BTCUSDT_2025-01-20_12-40-08.png?w=3000 3000w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" loading=\"lazy\"\/><figcaption id=\"caption-attachment-678923\" class=\"wp-caption-text\">Bitcoin data a brand new all-time excessive, 4-hour chart | Source: <a href=\"https:\/\/www.tradingview.com\/x\/rCdaL9ft\/\" target=\"_blank\">BTCUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n<p>Featured picture from YouTube, chart from TradingView.com<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-soars-towards-110000-reserve-rumors-heat-up\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Este art\u00edculo tambi\u00e9n est\u00e1 disponible en espa\u00f1ol. Bitcoin has surged to a brand new all-time excessive of $109,558 throughout early Asian buying and selling hours, aligning with President Donald Trump\u2019s inauguration day. Market observers level to the heightened risk that Trump may set up a Strategic Bitcoin Reserve (SBR) via an govt order\u2014considered one of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":64731,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[20,3431,267,1444,1057],"class_list":{"0":"post-64729","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-bitcoin","9":"tag-heat","10":"tag-reserve","11":"tag-rumors","12":"tag-soars"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/64729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=64729"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/64729\/revisions"}],"predecessor-version":[{"id":64730,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/64729\/revisions\/64730"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/64731"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=64729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=64729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=64729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}