U.S. Treasury Halts Sale of Bitcoin Holdings, Price Hits New High

's latest price was $, in the last 24 hours. The U.S. Treasury has confirmed that it holds between $15 billion and $20 billion in , primarily acquired through asset seizures over recent years. This makes the United States one of the largest state-controlled reserves globally. Treasury Secretary Scott Bessent announced that the Treasury will halt the sale of its holdings, indicating a shift in strategy towards recognizing the long-term asset potential of in its reserve management. This decision aims to mitigate selling pressure in the market, which could influence overall price trends.

Alongside the announcement, Bessent confirmed that the U.S. gold policy will remain unchanged. Gold will continue to be held as a store of value, with no plans for revaluation. This dual stance reflects a strategy of maintaining traditional safe-haven assets while integrating digital assets into the reserve framework. The Treasury has ruled out purchasing on the open market to expand its reserve, instead opting to add to its holdings solely through seized assets. This approach aligns with current Treasury practices and avoids direct market intervention.

The policy update comes as some lawmakers advocate for formal frameworks to manage reserves. Senator Cynthia Lummis has proposed the BITCOIN Act, which encourages strategic accumulation to enhance U.S. financial resilience. This legislative interest underscores the growing recognition of 's role in the financial landscape and the need for structured management of digital assets.

achieved a new all-time high, driven by institutional adoption and ETF demand. This milestone signifies 's growing status as a global asset, emphasizing its importance as a strategic investment amid macroeconomic shifts. Key figures have commented on the market momentum. Hayes suggested further growth potential if monetary policies shift. Institutional inflows and low exchange balances are fundamental to the recent rally. As Arthur Azizov stated, "Exchange balances are at their lowest since 2017, making mass dumps by sellers unlikely while risk appetite remains high."

The cryptocurrency market has seen a ripple effect, impacting valuations and trade volumes. The broader market shows robust activity amid favorable market sentiments and participation. Financial landscapes are evolving, with 's market capitalization briefly surpassing Google's. Market observers note the importance of institutional interest and exchange-traded fund inflows in sustaining the current dynamics.

Market conditions resemble the 2017 and 2021 bull runs, where institutional interest and macroeconomic factors drove prices. Analysts forecast potential price targets between $180,000 and $250,000 by 2026. With trending data, experts highlight the significance of continued institutional investment and regulatory stances. Optimism persists in the crypto community, anticipating further integrations and technological advancements.