Why Bitcoin Price Can Hit $100K By December?

Quick Summary:

Former President Donald Trump recently hinted at the idea, suggesting that the U.S.might hold and expand its Bitcoin reserves as part of a "Strategic National Bitcoin Stockpile.

Supporters argue that Bitcoin’s limited supply and independence from traditional financial systems make it an ideal inflation hedge, much like gold.

Though still just an idea, many are curious about what a government-held Bitcoin stash could mean.Similar to the U.S.

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets: United States

Topics: Price Analysis Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 10:16:32 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 433 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23569043

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 27 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #112

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