Bitcoin News Today: Trump Admin Propels $23 Billion Strategic Bitcoin Reserve Amid Crypto Reforms

The Trump administration has intensified its strategic focus on Bitcoin by advancing a proposed $23 billion Strategic Bitcoin Reserve, despite minimal discussion in its most recent digital asset report. According to White House Digital Assets Head Bo Hines, the program has already been established, with the U.S. government reportedly holding around 198,000 BTC—acquired mainly through law enforcement seizures. Hines described Bitcoin as a “class of its own” and hinted at the development of infrastructure to manage these digital reserves [1].

This move aligns with broader crypto policy reforms announced by the U.S. Securities and Exchange Commission (SEC). At the America First Policy Institute, SEC Chairman Paul Atkins unveiled sweeping changes aimed at redefining token classifications and improving regulatory clarity. These reforms are intended to reduce ambiguity for institutions and accelerate the adoption of crypto assets, aligning with the administration’s overall push toward a more crypto-friendly regulatory environment [1].

The growing institutional interest in Bitcoin is also evident in on-chain activity. Analytics firm Santiment reported that whales have accumulated nearly 1% of the total Bitcoin supply in four months, with 30,000 BTC purchased in just 48 hours. However, this bullish activity is being countered by large-scale sell-offs. A significant whale sold 80,000 BTC, valued at $9 billion, through Galaxy Digital, adding to market volatility [1]. Despite this, 97% of Bitcoin holders remain in profit, signaling a strong long-term bullish sentiment [1].

Bitcoin’s price action has reflected the market’s uncertainty, with the cryptocurrency recently dipping below $118,300. Technical indicators show a breakdown below key support levels and the 50-day simple moving average, with a bearish RSI reading confirming downward momentum. A failed triangle pattern suggests a potential decline toward $110,000 if no immediate recovery is seen [2]. Analysts are monitoring key support levels at $114,532, $112,726, and $110,587.

In the broader crypto ecosystem, Bitcoin Hyper ($HYPER), a Bitcoin-native Layer 2 platform, has raised over $6 million in its presale. The project, built on the Solana Virtual Machine, aims to combine Bitcoin’s security with Solana’s speed, enabling smart contracts, dApp development, and seamless bridging of BTC. With a price of $0.012475, the token is gaining traction ahead of its next pricing tier. The project, which is audited by Consult, plans a Q1 2026 rollout and emphasizes staking and utility as core features [1].

The U.S. government’s lack of public operational details regarding the Strategic Bitcoin Reserve has led to speculation about its feasibility and structure. Critics argue the initiative could be more of a political signal than a concrete financial policy, while proponents highlight its symbolic and strategic value in shaping U.S. engagement with the crypto ecosystem [1]. The initiative remains a focal point of political and financial discourse, reflecting broader uncertainties about the role of sovereign entities in the digital asset space and the potential implications for global markets.

Source:

[1] "Bitcoin News Today: Trump Admin Unveils Landmark Crypto Policy" (https://www.ainvest.com/news/bitcoin-news-today-trump-admin-unveils-landmark-crypto-policy-bitcoin-reserve-details-2507/)

[2] "Bitcoin Slips Below $118300 as Market Awaits Fed Decision" (https://m.economictimes.com/markets/cryptocurrency/bitcoin-slips-below-118300-as-market-awaits-fed-decision-ethereum-outperforms-with-etf-boost/articleshow/122993846.cms)