Crypto Market Daily Update | Cryptocurrency market trends upward, with Bitcoin rising to $92,000; ‘Wooden Sister’ predicts: the U.S. government may ‘directly purchase’ Bitcoin to bolster national strategic reserves.
January 12th report: The cryptocurrency market is on an upward trend. As of press time, $Bitcoin (BTC.CC)$ increased by 1.35%, trading at $92,112.79; $Ethereum (ETH.CC)$ rose by 1.30%, trading at $3,158.73.
Cathie Wood, founder of ARK Invest, stated that the U.S. government may begin directly purchasing Bitcoin in the future to bolster the national Bitcoin Strategic Reserve, rather than relying solely on assets confiscated by law enforcement agencies.
Wood noted in a recent episode of the podcast *Bitcoin Brainstorm* that although the Trump administration established a national Bitcoin reserve via executive order, the source of the reserve so far has been limited to confiscated BTC, with no purchases made on the open market. The initial…
