U.S. Senator says Bitcoin reserve plan could launch at any time, Bitcoin will soar to $160,000

ChainCatcher News, U.S. Republican Senator Cynthia Lummis recently stated that the U.S. "Strategic Bitcoin Reserve" fund is ready to be activated at any time, drawing significant market attention. She mentioned that under the push of President Trump, the Treasury may initiate fund allocation ahead of the final passage of related legislation.

It is reported that the U.S. Treasury currently manages approximately 200,000 bitcoins, valued at around $17 billion, as the underlying asset for the strategic reserve. If Congress approves a continuous procurement plan, market analysts believe that the price of bitcoin could be pushed up to $160,000. A sovereign-level bitcoin reserve plan signifies that digital assets are transitioning from "investment products" to "national strategic assets." This trend will profoundly impact the dollar system and global capital flows, and will also drive a correlated rise in U.S. stocks, Hong Kong stocks, and USDT-related assets.

The platform also offers global remittance services, supporting same-day transfers and covering most countries and regions worldwide, creating an efficient and secure global digital financial gateway for users.