What is the Bitcoin Global Strategy reserve that Trump refers to when discussing the USA? How will it operate?

After the incoming president Trump of the USA reiterated the plan to establish a Bitcoin strategic reserve, Bitcoin set a new historical high of over $107,000 on Monday, sparking enthusiasm among the Cryptos bulls.

Zhitong Finance10:52

Bitcoin Price Smashes New Record Highs as Market Value Tops US$2.1 Trillion

The Motley Fool08:43

Will the Federal Reserve decide to cut interest rates this week? Trump reiterated that the Global Strategy of BTC reserves boosts new highs.

This week is the super central bank week, with the market expecting nearly a 100% probability of a rate cut in this Federal Reserve interest rate decision. A number of economic data will be released intensively, and more interconnected performances are expected. The intraday increase is mainly influenced by Trump's renewed proposal to establish a Bitcoin Global Strategy reserve.

Jinse Finance08:33

US Stocks End Higher Ahead Of Fed Decision, Bitcoin Hits New High

Business Today07:46

Bitcoin Price Outlook: Key Economic Events This Week That Could Impact BTC Movement

Crypto News FlashDec 16 21:47

Bitcoin Adoption by Governments Could Skyrocket in 10 Years, Predicts Binance Founder

Crypto News FlashDec 16 21:19