Trump agrees to the sovereign wealth fund for us, will he buy Bitcoin?
On February 3 /
Trump signed the executive order at an event at the White House, which directs Treasury Secretary Scott Beesen and Minister of Trade Howard Lottenic, both of whom are supporters of Cripto, to “start a process that we hope will lead to the creation of an American sovereign wealth box.”
“We will create a lot of wealth for the box,” Trump told reporters before adding.
“The box will be” a mixture of liquid assets, and the assets that we have in this country are working … to take it out to the American people, “said Pesin, adding that it will be created in the next 12 months, According to To NBC.
Bitcoin support?
The fund can be used to acquire strategic assets such as the potential acquisition of the Chinese social media platform Tiktok, according to what he referred to Lutnick. It can also benefit from the huge purchase force of the United States government to obtain shares in companies.
“It should create the unusual volume, the size of the United States government, and the business carried out by companies … a value for American citizens,” said Lootnick. Other countries with large sovereign wealth are Norway, China, Saudi Arabia, Australia, Iran and Russia.
In response to the news, Senator Senata Lomes hinted that the box can be used to buy bitcoin.
This is a ₿ig deal. https://t.co/zshfqcewc
Senlummis February 3, 2025
However, if the box includes BTC, it is likely to come from the USA’s bunger already carries instead of buying more.
According to Blockchain.com, the Federal Investigation Office is still linked to Silk Road Investigations. He carries 69,370 BTC worth about $ 6.8 billion at current market prices. Total American property exceeds 207,000 BTC, at a value of more than $ 20 billion, According to To bitbo.
The United States will buy bitcoin.
Trump has just announced the creation of an American sovereign wealth fund.
It will be headed by the Minister of Commerce @Howardlutnick And the treasury minister @Scottbessent528. Both are like bitcoin.
I would like to say that there is a 100 % probability buying Bitcoin.
Waynevauughan February 3, 2025
BTC recovery price
The encryption market has recovered since the Trump tariff was suspended on Monday. BTC has regained $ 102,000 in the highest level of the day, but has since declined to about $ 99,000 at the time of this report, because the bounce may be short -lived.
Also, artificial intelligence and the symbol of assets in the real world were increasing, but Ethereum remained faded, and failed to get $ 3,000 despite Eric Trump’s support.
Binance Free $ 600 (Full Details).
Limited offer for Cryptopotato readers in Bybit: Use this link to register and open a $ 500 free site on any coin!