How High Could Bitcoin Jump — If A Strategic BTC Reserve Starts Buying?｜Matrixport Research
Bitcoin thrives on anticipation-driven narratives, where the build-up to an event is often more impactful than the event itself — frequently leading to “buy the rumor, sell the news” scenarios. With Friday’s White House Crypto Summit approaching, any positive headlines could fuel short-term momentum, but structural weaknesses in the market and macroeconomic headwinds remain key risks. If Trump delivers a strong pro-crypto message, it could inject renewed energy into the market, but sustainability will depend on broader conditions.
President Trump has positioned the upcoming White House Crypto Summit as a key step in establishing the U.S. as the “crypto capital of the world.” The event, set for Friday, March 7, 2025, in Washington, D.C., marks the first-ever White House-hosted summit dedicated to cryptocurrency. It aligns with his administration’s push for a pro-crypto agenda, reversing the stricter regulatory stance of the Biden era.
The White House Crypto Summit is pivotal for Trump’s crypto agenda, potentially shaping U.S. policy for the next four years. It reinforces his commitment to streamlining regulations, banning central bank digital currencies (CBDCs), and positioning the U.S. as a global blockchain leader. However, with the 2026 midterm elections approaching, the window for significant legislative action may be limited. The summit could set the stage for fast-tracked policy moves.
A key focus of the White House Crypto Summit is expected to be Trump’s proposed U.S. Strategic Cryptocurrency Reserve. On March 2, 2025, Trump announced via Truth Social that the reserve would include Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), with BTC and ETH forming the “heart” of the reserve. Trump’s March 2 announcement sent crypto prices soaring, with XRP, SOL, and ADA spiking up to 60% initially, while BTC and ETH gained over 10%. Markets are now bracing for further volatility depending on the summit’s outcomes.
Trump’s social media posts have fueled speculation about a Strategic Bitcoin Reserve, but the distinction matters. A “reserve” implies active accumulation. January’s executive order focused on evaluating a digital asset stockpile, suggesting a passive approach — mainly holding the $20 billion in seized crypto (97.9% Bitcoin) rather than buying more.
The U.S. government may tap into gold reserves to fund Bitcoin purchases, especially if plans for a Strategic Bitcoin Reserve move forward. Senator Cynthia Lummis’ BITCOIN Act proposes using the market value of gold — currently around $688 billion, far exceeding its $11 billion book value — to acquire 1 million BTC over five years. This could involve selling gold at market prices and reallocating the proceeds.
If the U.S. were to sell 15% of its gold reserves, it could generate approximately $110 billion, which — at current prices — could buy 1.05 million Bitcoins. However, such a large-scale Bitcoin purchase would not occur at stable prices due to significant buying pressure on the market.
Disclaimer: The above content is for informational purposes and reference only. The content does not constitute investment advice. Digital asset transactions can be precarious and volatile. Investment decisions should be made after carefully considering individual circumstances and consulting financial professionals. Matrixport is not responsible for any investment decisions based on the information provided in this content.
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