The US government will start buying Bitcoin for its strategic reserve when there is “enough pressure externally,” says crypto entrepreneur Mike Alfred. The US government is unlikely to start accumulating Bitcoin for its strategic reserve until other nations make the first move, says crypto entrepreneur Mike Alfred.Alfred said in a podcast published on Tuesday that the US government will start putting Bitcoin (BTC) into its reserve created earlier this year “when there is enough pressure externally.” “Once the US government recognizes that others are taking action before them, that’ll probably catalyze additional action in the future,” he said, adding that the timeline for the US government’s action is up in the air.Read more The US government will start buying Bitcoin for its strategic reserve when there is “enough pressure externally,” says crypto entrepreneur Mike Alfred. The US government is unlikely to start accumulating Bitcoin for its strategic reserve until other nations make the first move, says crypto entrepreneur Mike Alfred.Alfred said in a podcast published on Tuesday that the US government will start putting Bitcoin (BTC) into its reserve created earlier this year “when there is enough pressure externally.” “Once the US government recognizes that others are taking action before them, that’ll probably catalyze additional action in the future,” he said, adding that the timeline for the US government’s action is up in the air.Read more

US won’t start Bitcoin reserve until other countries do: Mike Alfred

2025/11/19 10:55

The US government will start buying Bitcoin for its strategic reserve when there is “enough pressure externally,” says crypto entrepreneur Mike Alfred.

The US government is unlikely to start accumulating Bitcoin for its strategic reserve until other nations make the first move, says crypto entrepreneur Mike Alfred.

Alfred said in a podcast published on Tuesday that the US government will start putting Bitcoin (BTC) into its reserve created earlier this year “when there is enough pressure externally.” 

“Once the US government recognizes that others are taking action before them, that’ll probably catalyze additional action in the future,” he said, adding that the timeline for the US government’s action is up in the air.

Read more

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps

Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps

The post Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps appeared on BitcoinEthereumNews.com. The Federal Reserve has made its first Fed rate cut this year following today’s FOMC meeting, lowering interest rates by 25 basis points (bps). This comes in line with expectations, while the crypto market awaits Fed Chair Jerome Powell’s speech for guidance on the committee’s stance moving forward. FOMC Makes First Fed Rate Cut This Year With 25 Bps Cut In a press release, the committee announced that it has decided to lower the target range for the federal funds rate by 25 bps from between 4.25% and 4.5% to 4% and 4.25%. This comes in line with expectations as market participants were pricing in a 25 bps cut, as against a 50 bps cut. This marks the first Fed rate cut this year, with the last cut before this coming last year in December. Notably, the Fed also made the first cut last year in September, although it was a 50 bps cut back then. All Fed officials voted in favor of a 25 bps cut except Stephen Miran, who dissented in favor of a 50 bps cut. This rate cut decision comes amid concerns that the labor market may be softening, with recent U.S. jobs data pointing to a weak labor market. The committee noted in the release that job gains have slowed, and that the unemployment rate has edged up but remains low. They added that inflation has moved up and remains somewhat elevated. Fed Chair Jerome Powell had also already signaled at the Jackson Hole Conference that they were likely to lower interest rates with the downside risk in the labor market rising. The committee reiterated this in the release that downside risks to employment have risen. Before the Fed rate cut decision, experts weighed in on whether the FOMC should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 04:36
FedWatch Predicts Small Fed Rate Cut in December

FedWatch Predicts Small Fed Rate Cut in December

The post FedWatch Predicts Small Fed Rate Cut in December appeared on BitcoinEthereumNews.com. Key Points: FedWatch data suggests possible Fed rate cut in December. Unchanged rates probability slightly higher at 51.1%. Market reactions include major crypto liquidations. BlockBeats News reports on CME’s “FedWatch” data indicating a 48.9% chance of a 25 basis point Fed rate cut in December, with 51.1% probability of rates staying unchanged. Crypto markets closely watch potential Fed moves, impacting asset volatility. $7.9 billion in liquidations reflect market reactions to macroeconomic signals. FedWatch Predicts Small Fed Rate Cut in December The CME’s FedWatch tool captures current market expectations regarding the U.S. Federal Reserve’s interest rate stance. As of mid-November, there is a nearly even split between expectations for a cut and for no change, hinting at market uncertainty. Such monetary policy speculations often precede notable shifts in financial markets, including cryptocurrencies. Leading digital assets like Bitcoin and Ethereum could witness significant price reactions depending on any Fed announcement. Market reactions remain cautious amid this uncertainty. The crypto community is focused on potential ripple effects across asset prices, highlighted by the recent major liquidation events tied to speculative positioning. Bitcoin and Ethereum: Coping with Potential Policy Shifts Did you know? In similar past cycles, crypto markets have experienced sharp volatility surges ahead of FOMC meetings, reflecting trader positioning in anticipation of outcomes. Bitcoin (BTC) currently trades at $91,457.44, with a market cap of $1.82 trillion and a dominance of 58.32%, according to CoinMarketCap as of November 19, 2025. Over the past 24 hours, BTC saw a trading volume of $86.42 billion, marking a decrease of 19.55%, with its price rising by 1.97%. However, a seven-day decline of 11.31% continues to reflect broader market nervousness. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 04:48 UTC on November 19, 2025. Source: CoinMarketCap Analytical insights indicate the potential for financial market upheaval if the Federal…
Share
BitcoinEthereumNews2025/11/19 12:56