U.S. Government Establishes Strategic Bitcoin Reserve: A New Era for the Cryptocurrency Market

On March 6, 2025, U.S. President Donald Trump signed an executive order titled “Establishing the Strategic Bitcoin Reserve and U.S. Digital Asset Holdings,” officially declaring Bitcoin a national reserve asset. This bold move is intended to enhance America's leadership in digital financial technologies and support the growth of the crypto industry.

According to the order, the U.S. Department of the Treasury will create this reserve using previously seized Bitcoin assets. In a press statement, President Trump announced that this would help establish the U.S. as “the crypto capital of the world” and stimulate industrial development.

The decision has sparked significant market attention. Bitcoin's price fluctuated following the announcement, and major cryptocurrencies like Ethereum (ETH), Solana (SOL), Cardano (ADA), and Ripple (XRP) were also affected. Analysts believe that this strategic move could mainstream digital assets and deeply influence global crypto adoption.

The executive order also sets up a task force to propose a federal regulatory framework for digital assets within 180 days. The task force is headed by David Sacks, the White House Director for AI and Crypto Affairs, and aims to guide digital asset policy and development.

However, the decision has also drawn mixed reactions. Supporters argue that integrating Bitcoin into national reserves could boost U.S. competitiveness in global finance, while critics highlight the volatility and regulatory concerns surrounding cryptocurrencies.

With the U.S. taking an active stance in the digital asset space, the crypto market is poised for a new phase of growth. Investors and participants should stay to evolving policies and market dynamics to seize emerging opportunities.