Lummis Suggest Make Strategic Bitcoin Reserve to Cover US Debt

Senator Cynthia Lummis don bring back call for Strategic Bitcoin Reserve wey go fit help tackle di $37 trillion US national debt. She dey praise President Trump executive order framework and dey urge make dem implement am quick quick without affect budget. Di administration dey look other options wey no be only gold certificate conversion, and di first money fit come from over 130,000 seized BTC plus maybe $14 billion recovered crypto. Lummis and Rep Nick Begich don bring BITCOIN Act of 2025, wey talk say make dem buy 200,000 BTC every year for five years—aim to get 1 million BTC and reduce di debt by half in 20 years. Meanwhile, Bitcoin price don fall near $101,500, down almost 10% dis week, e even fall small below $100,000, with resistance at $102,000. Traders make sure say dem dey watch how regulations for Strategic Bitcoin Reserve dey waka and key support around $100,000, as bipartisan support dey grow showing say Bitcoin na beta asset against inflation and important fiscal asset.
Bullish
Di renewed push for Strategic Bitcoin Reserve plus di introduction of di BITCOIN Act of 2025 dey show say institutional support dey increase and big BTC purchases fit happen, wey good for Bitcoin. For short term, price fit still dey volatile around key levels ($100,000 support, $102,000 resistance) as traders dey react to regulatory news and how e go be implemented. But for long term, official reserve rules plus di chance to buy up to 1 million BTC to cover $37 trillion US debt go support demand and market confidence, push Bitcoin price up.