Earlier this summer, Senator Cynthia Lummis called for the creation of a strategic Bitcoin reserve to reduce the government’s $36.22 trillion federal debt. But can this kind of reserve reduce the United States’ debt? Read on to find out. Elsewhere, this viral DeFi platform is capturing the attention of investors who appreciate innovation-driven gains.
Strategic Bitcoin Reserve Could Potentially Slash US Debt By 50%
Recent BTC price fluctuations are causing many investors to tread cautiously. After testing 90,000 support, Bitcoin rebounded above 100k, yet it has struggled to stay above that level.
Today, the Bitcoin price is consolidating at $98,000, representing 0.2% gains from one day ago but 0.8% losses compared to the previous week. Many analysts say Bitcoin’s recent volatility is a direct consequence of Trump’s new tariff policies against Canada, China, and Mexico. Increased tariffs could cause major importers to hike basic goods, potentially boosting inflation. And when inflation goes up, the Fed hikes rates in response—an outcome that historically causes crypto prices to deflate.
In recent news, a development that could cause Bitcoin and Bitcoin ETF products to surge is the potential strategic Bitcoin reserve. According to experts like VanEck, the US could achieve a 50% reduction in its national debt over the next 25 years if a Bitcoin reserve is implemented. The reasoning of VanEck can be traced back to the proposal from Senator Cynthia Lummis to have the USA gradually purchase 1 million Bitcoin every year.
However, it should be noted that as of publication, there is no certainty that Congress will approve such a bill, nor that such a development would feasibly reduce national debt since the BTC price has to exceed $42 million per token to improve the US’s debt outlook. In response to Bitcoin’s bearish spell, many investors now seek cryptos like DTX Exchange that will likely surge in the coming weeks.
DTX Exchange Leverages Hybrid Trading Model For Explosive Growth
The unified trading platform DTX Exchange is the first offering to seamlessly combine decentralized finance and traditional finance. It promises to be a one-stop shop for over 120,000 assets, including forex, stocks, cryptos, tokenized ETFs, and more. This saves users from the hassles of having to switch between multiple apps for asset management.
DTX offers numerous distinct features that distinguish it from rivals in the crypto space. For instance, its layer-one blockchain, VulcanX, delivers an industry-leading 200,000 transactions per second, placing it up there with the likes of Ethereum and Solana. This also means users will have a lag-free experience trading with the DTX platform.
DTX is currently enjoying a meteoric increase in demand as Bitcoin traders aggressively buy its ongoing presale, and it is no surprise why. DTX is the first retail trading platform that offers no-KYC trading for over 100,000 financial instruments with up to 1000x leverage. This means a modest investment of $100 could turn into $100,000 in liquidity. Moreover, anyone can use the Phoenix Wallet to self-custody assets without requiring centralized oversight.
Thanks to these innovative features, along with profit shares and priority feature rollouts for presale members, DTX is now the fastest-growing altcoin in the market. The DTX token is selling out fast at $0.16 in the 8th round. Considering the listing price of $0.20, early adopters will earn a minimum of 120% gains, making DTX potentially the best crypto presale from this moment.
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