BTC USD Holds $103K Amid Global Accumulation

The post BTC USD Holds $103K Amid Global Accumulation appeared on BitcoinEthereumNews.com. Bitcoin News Today: BTC USD Holds Above $103K as Global Demand Surges As of June 1, 2025, $BTC is trading around $103,989, maintaining critical support levels despite recent pullbacks from its May all-time high near $112,000 USD. While technical indicators suggest consolidation, the fundamentals are more bullish than ever. Global adoption is accelerating, driven by massive institutional interest and sovereign-level policies. From President Trump’s Strategic Bitcoin Reserve to Pakistan’s Bitcoin mining investments, the global financial order is visibly shifting in favour of $Bitcoin. By TradingView – BTCUSD_2025-06-01 (5D) U.S. Launches Strategic Bitcoin Reserve Under Trump In a landmark announcement, President Donald Trump has unveiled the U.S. Strategic Bitcoin Reserve, making Bitcoin an official part of America’s long-term asset strategy. The initiative is seen as a direct move to cement the U.S. as the “global crypto capital”, fulfilling Trump’s campaign promise to support digital assets. This Reserve positions the United States as a major $BTC holder, signalling to the market that Bitcoin is no longer just a speculative asset — it’s a geopolitical tool. The news has already led to increased whale accumulation and renewed interest from U.S. investment funds. Pakistan Follows With National $Bitcoin Mining Program Inspired by the U.S. move, Pakistan has joined the race by allocating funds to create a national Bitcoin reserve and launch AI-driven $BTC mining facilities. The initiative includes setting up Bitcoin mining infrastructure to power local data centers and AI projects, backed by state policy. Pakistan’s move underscores a larger trend: Bitcoin is becoming a reserve-grade asset, not just for institutions but also for governments looking to stabilise national economies with scarce, inflation-resistant digital assets like $BTC. Institutional Demand for $BTC Hits New Highs The private sector isn’t sitting idle either. Brazilian fintech firm Meliuz recently launched a share offering with the sole purpose…

Jun 1, 2025 - 18:00
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BTC USD Holds $103K Amid Global Accumulation

The post BTC USD Holds $103K Amid Global Accumulation appeared on BitcoinEthereumNews.com.

Bitcoin News Today: BTC USD Holds Above $103K as Global Demand Surges As of June 1, 2025, $BTC is trading around $103,989, maintaining critical support levels despite recent pullbacks from its May all-time high near $112,000 USD. While technical indicators suggest consolidation, the fundamentals are more bullish than ever. Global adoption is accelerating, driven by massive institutional interest and sovereign-level policies. From President Trump’s Strategic Bitcoin Reserve to Pakistan’s Bitcoin mining investments, the global financial order is visibly shifting in favour of $Bitcoin. By TradingView – BTCUSD_2025-06-01 (5D) U.S. Launches Strategic Bitcoin Reserve Under Trump In a landmark announcement, President Donald Trump has unveiled the U.S. Strategic Bitcoin Reserve, making Bitcoin an official part of America’s long-term asset strategy. The initiative is seen as a direct move to cement the U.S. as the “global crypto capital”, fulfilling Trump’s campaign promise to support digital assets. This Reserve positions the United States as a major $BTC holder, signalling to the market that Bitcoin is no longer just a speculative asset — it’s a geopolitical tool. The news has already led to increased whale accumulation and renewed interest from U.S. investment funds. Pakistan Follows With National $Bitcoin Mining Program Inspired by the U.S. move, Pakistan has joined the race by allocating funds to create a national Bitcoin reserve and launch AI-driven $BTC mining facilities. The initiative includes setting up Bitcoin mining infrastructure to power local data centers and AI projects, backed by state policy. Pakistan’s move underscores a larger trend: Bitcoin is becoming a reserve-grade asset, not just for institutions but also for governments looking to stabilise national economies with scarce, inflation-resistant digital assets like $BTC. Institutional Demand for $BTC Hits New Highs The private sector isn’t sitting idle either. Brazilian fintech firm Meliuz recently launched a share offering with the sole purpose…

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