Donald Trump’s return to the White House has generated a stir in the cryptoactive sector for the measures he has taken, including signing an executive order to create a national reserve of digital assets.
Although some bitcoiners were waiting for an explicit support for Bitcoin (BTC), Mike Fay, market analyst, suggests that The approach will be broaderincluding the stablecoins.
The Executive Order, signed on January 23, establishes a working group on digital asset markets and mentions the exploration of a “reserve of digital assets” without specifying which cryptocurrencies will be included.
Fay interprets this as a sign that the government I could choose to diversify its digital assets instead of concentrating only on Bitcoin.
Currently, the US Government has about 1% of Bitcoin’s circulating supply, mainly through assets confiscated in legal operations.
The reserves have decreased slightly, from 214,000 BTC to 198,000 BTCaccording to Bitcoin Treasuries data. This reinforces the idea that there will be no big purchases of Bitcoin in the near future.
Preserve faith in the dollar, the priority of the government
Fay suggests that the administration Trump will prioritize confidence in the dollar as a central axis of its economic strategy. In this context, it is unlikely to take measures that can be interpreted as a direct competition between Bitcoin and the US dollar.
Trump’s executive order supports the growth and promotion of stablcoins backed by the US dollar. In this sense, Fay suggests that stablcoins backed by treasure bonds could fit better in an eventual digital reservesince they complement the existing financial system, as reported by cryptootics.
The analyst also highlights Bitcoin’s volatility as a factor that could discourage mass purchases from the government. “Although Bitcoin has shown resistance in its 15 years of existence, this period is insignificant against the long history of gold as a value deposit,” he said.
What does this mean for the price of Bitcoin?
Yet, Fay does not see an immediate negative impact on the price of Bitcoin. In fact, he anticipates positive performance in the coming months, regardless of the position of the US government.
Bitcoin has proven to be independent of government policies, and its appeal as decentralized active continues to grow.
“The Trump administration will probably adopt a more balanced approach with any digital asset reserve,” Fay said. According to his analysis, this will not translate into large purchases of Bitcoin, But it does not mean that the asset will lose value.
Bitcoin’s future transcends the government
Bitcoin The US government does not need as support to maintain its relevance In the global financial panorama, adds the financial analyst.
The decentralized network continues to attract users and developers due to their unique characteristics. The executive order can mark a turning point in the relationship between the US government and cryptocurrenciesbut it will not determine the destination of Bitcoin.
The diversified government approach, combined with a clearer regulation, could benefit the entire digital asset industry without depending exclusively on BTC’s performance. Meanwhile, Bitcoin continues his career as an independent asset, sustained by a global community that trusts its long -term potential.