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A previous huge and important U.S. strategic reserve was for petroleum, founded in 1975 as a response to price and supply disruptions after the 1973 Arab oil embargo.
Crypto bulls are eager to see Trump establish a "bitcoin strategic reserve." Supporters say the US could manage its debt if it buys and holds bitcoin now. Yet, sources tell BI they expect ...
Republican presidential nominee and former U.S. President Donald Trump speaks at the Bitcoin 2024 event in Nashville, Tennessee, U.S., July 27, 2024. How a bitcoin stockpile would work
Thanks to this year's rally in Bitcoin (CRYPTO: BTC), which recently broke through the $100,000 price level, the concept of a strategic Bitcoin reserve has rapidly transformed from an arcane ...
After a blistering post-election rally that saw Bitcoin (CRYPTO: BTC) soar by nearly 40%, investors were quick to credit the pro-crypto optimism surrounding a Donald Trump presidency. While ...
Palmer sees bitcoin prices hitting $225,000 in 2026. The warming sentiment toward crypto also includes recent investments from entities that typically favor the more traditional stocks and bonds ...
Bitcoin price predictions for 2025 Bitcoin went on a nice run to end 2024, and the presidential election win of crypto-friendly Donald Trump has also helped drive crypto prices higher.
The charts below compare the price appreciation of Bitcoin, the S&P 500, and Nasdaq Composite between Jan. 20, 2017 (Trump's first inauguration), and Dec. 6, 2024. The obvious takeaway is that ...