Bitcoin price prediction if Senator Lummis’ Strategic Reserve bill is adopted

Bitcoin price prediction if Senator Lummis’ Strategic Reserve bill is adopted

From finbold.com

As United States Senator Cynthia Lummis presented the official Strategic Bitcoin Reserve bill, which, among other objectives, aims to boost transparency in the Federal government’s management of its Bitcoin (BTC) holdings, its adoption might impact the price of the maiden cryptocurrency. As it happens, days after suggesting the adoption of a strategic Bitcoin reserve as backing for the U.S. dollar (USD), Lummis presented the ‘Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide’ or the ‘BITCOIN Act of 2024’, in the U.S. Senate on July 31. Indeed, according to the text ... (full story)

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