Grayscale Research Director: Bitcoin's further appreciation does not rely on the US crypto strategic reserve

U.S. President Trump has signed an executive order to establish strategic Bitcoin reserves and separate digital asset reserves. In response, Zach Pandl, Director of Research at Grayscale Investments, believes that Bitcoin does not need the U.S.'s strategic reserve to appreciate further this year. He predicts that as adoption increases, the price of Bitcoin will be pushed up and it will begin to serve as a store of value this year, especially amid concerns that Trump's tariff policy could lead to another round of inflation.