U.S. Government to Buy Bitcoin Only: Strategic Move Shakes the Market

The U.S. has officially established the Strategic Crypto Reserve, purchasing only Bitcoin ($BTC) while excluding altcoins like Ethereum ($ETH), Solana ($SOL), and Cardano ($ADA). This announcement triggered an 11% surge in Bitcoin’s price to $94,164 before correcting to $86,000. The decision underscores Bitcoin’s role as a store of value due to its decentralization, liquidity, and broad acceptance. While seen as a strategic move to maintain dominance in digital assets, the policy faces criticism for its volatility risks and concerns over wealth inequality benefits among early adopters.