In the absence of strong catalysts, the narrative of BTC driven by event expectations continues (such as BTC strategic reserves). As the White House cryptocurrency summit approaches, any positive headlines may drive short-term momentum, but the markets structural weaknesses and macroeconomic headwinds remain key risks.
If Trump conveys a strong message in support of cryptocurrency, it may inject new vitality into the market, but its sustainability depends on the broader economic and policy environment. In this Matrixport investment research, we will briefly analyze the possibility of the implementation of BTC strategic reserves and the potential impact it may bring.
White House Cryptocurrency Summit Influences US Crypto Policy for the Next Four Years
President Trump has positioned the upcoming White House cryptocurrency summit as a key step in making the United States the crypto capital of the world. Scheduled for Friday, March 7, 2025, the summit will be the first in the White Houses history to focus exclusively on cryptocurrency. This is consistent with the Trump administrations push for a pro-crypto agenda, reversing the Biden-eras strict regulatory stance.
The White House Cryptocurrency Summit is crucial to Trumps cryptocurrency agenda and could shape U.S. crypto policy for the next four years. The summit reaffirmed Trumps commitment to simplify regulations, ban central bank digital currencies (CBDCs), and establish the United States as a global blockchain leader. However, with the 2026 midterm elections approaching, the window for major legislative reforms may be limited, so this summit could lay the foundation for a rapid advancement of relevant policies.
Does the U.S. Strategic Cryptocurrency Reserve hold BTC “actively” or “passively”?
A key focus of the White House Crypto Summit is expected to be Trumps proposed U.S. strategic cryptocurrency reserve. On March 2, 2025, Trump announced through his personal social media Truth Social that the reserve will include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL) and Cardano (ADA), with BTC and ETH forming the core of the reserve. Trumps March 2 announcement sent cryptocurrency prices soaring, with XRP, SOL and ADA initially rising by as much as 60%, while BTC and ETH rose by more than 10%. The market is currently closely watching the outcome of the summit and expects that further price fluctuations may occur in the future.
Trump’s social media posts have fueled speculation about building a strategic reserve of BTC, but the distinction is crucial.
The legislative process for establishing a strategic cryptocurrency reserve is long and full of uncertainties. At the same time, the US president does not have the power to directly purchase cryptocurrency assets. Relevant measures still need to be approved by Congress and follow legislative procedures. Before taking any substantive action, it is necessary to obtain funds through the issuance of debt by the Treasury Department.
“Reserves” implies active accumulation. The January executive order, however, focused on assessing digital asset reserves, suggesting a more passive strategy — primarily holding $20 billion in seized cryptocurrencies (97.9% of which is BTC) rather than further purchases.
Will the United States use its gold reserves to buy BTC?
The U.S. government may use its gold reserves to finance the purchase of BTC, especially if the strategic BTC reserve plan is advanced. The Bitcoin Act introduced by Senator Cynthia Loomis proposes to use the market value of gold - currently about $688 billion, far higher than its book value of $11 billion - to acquire 1 million BTC over five years. This may mean selling gold at market prices and reallocating the proceeds.
If the United States sells 15% of its gold reserves, it is expected to raise about $110 billion, which can buy about 1.05 million BTC at the current BTC price. However, due to the large demand for purchases in the market, such a large-scale BTC purchase will not be able to maintain a stable price and will inevitably have a significant impact on the market price.
Disclaimer: The market is risky and investment should be cautious. This article does not constitute investment advice. Digital asset trading can be extremely risky and unstable. Investment decisions should be made after carefully considering personal circumstances and consulting financial professionals. Matrixport is not responsible for any investment decisions based on the information provided in this content.
