President Donald Trump announced plans to establish a National Bitcoin Reserve on April 18, 2025, aiming to make the U.S. the first G7 economy to fully embrace crypto, according to Forbes. This follows his administration’s regulatory overhaul and tax policy updates, with a strategic reserve potentially holding significant BTC to counter China’s $1.4 billion hoard. The move has sparked enthusiasm among pro-crypto lawmakers, including 14 Democrats like Representative Ritchie Torres, but critics question the economic risks of tying national wealth to volatile assets.
Social platforms reflect a polarized response—bulls see it as a bullish signal for Bitcoin, potentially pushing prices toward $250,000 as predicted by Charles Hoskinson, while bears warn of inflation risks and market distortion. The proposal’s success hinges on Congressional approval and global reactions, especially from China, making this a defining moment for U.S. crypto policy. Analysts suggest a reserve could stabilize markets if managed transparently, but the lack of details fuels speculation.