Senate hearing, Trump’s crypto plans, and Michael Saylor’s bold proposal signal a turning point for digital assets.
Bitcoin Nears $100K as U.S. Crypto Policies Take Shape
BTC has surged since Donald Trump’s election, now hovering near $100,000 per BTC. However, market volatility remains, with JPMorgan warning of potential stock market risks. Meanwhile, a sovereign wealth fund has ignited a global bitcoin adoption race, increasing speculation about institutional and governmental crypto involvement.
Senate Prepares for Crypto Regulation Hearing
Senator Cynthia Lummis, a strong bitcoin advocate, has teased a major legislative update ahead of a Senate Banking Committee subcommittee hearing on February 26. Titled Exploring Bipartisan Legislative Frameworks for Digital Assets, the hearing is expected to shape U.S. policy on stablecoins, market structure, and government-backed crypto reserves.
Trump’s Administration Eyes Bitcoin Reserve
Trump’s newly appointed crypto czar, David Sacks, confirmed that the administration is evaluating the creation of a national bitcoin reserve. The working group, once fully established, will assess the feasibility of the U.S. government accumulating bitcoin as a strategic asset. This move aligns with Lummis’ long-standing proposal for the U.S. to acquire one million bitcoin over five years.
Michael Saylor Pushes for U.S. Bitcoin Dominance
At CPAC, billionaire Michael Saylor proposed an aggressive bitcoin accumulation strategy, urging the U.S. government to acquire 20% of the total bitcoin supply. With his company already holding nearly 500,000 BTC worth $50 billion, Saylor argues that this plan would ensure the U.S.’s supremacy in the digital economy and prevent foreign entities from gaining disproportionate control over bitcoin.
What’s Next for Bitcoin and the Crypto Market?
The convergence of Trump’s pro-crypto stance, legislative hearings, and high-profile endorsements like Saylor’s has fueled speculation about the U.S. government’s next steps in the digital asset space. While the possibility of a bitcoin reserve remains uncertain, the growing political and institutional interest suggests that crypto could soon become a key pillar of U.S. financial policy.
Disclaimer:
The information provided on 13Desk is for informational purposes only and should not be considered financial advice. We strongly recommend conducting your own research and consulting with a qualified financial advisor before making any investment decisions. Investing in cryptocurrencies carries risks, and you should only invest what you can afford to lose. 13Desk is not responsible for any financial losses incurred from your investment activities.
