TechFlow news, on October 9, U.S. Republican Senator Cynthia Lummis recently stated that funding for America's "strategic Bitcoin reserve" is ready to be activated at any time, drawing significant market attention. She said that under President Trump's promotion, the Treasury may initiate fund allocation ahead of schedule, even though the relevant legislation has not yet been finalized. It is reported that the U.S. Treasury currently manages approximately 200,000 bitcoins, worth about $17 billion, serving as the foundational assets for the strategic reserve. If Congress approves a sustained procurement plan, market analysis suggests Bitcoin's price could rise to $160,000.
BiyaPay analysis indicates that sovereign-level Bitcoin reserve initiatives signify digital assets are transitioning from "investment products" to "national strategic assets." This trend will profoundly impact the dollar system and global capital flows, while also driving correlated gains in U.S. stocks, Hong Kong stocks, and USDT-related assets. BiyaPay enables users to trade cryptocurrencies with zero transaction fees, freely exchange USDT, and participate in U.S. and Hong Kong stock investments, achieving global multi-asset portfolio allocation. The platform also offers international money transfer services supporting same-day sending and arrival, covering most countries and regions worldwide, creating an efficient and secure gateway to global digital finance for users.
