🚀 THE U.S. IS NOT READY TO BUY BITCOIN, RUMOR "WAITING FOR $60,000 FOR THE GOVERNMENT TO ENTER THE MONEY" HAS NO BASIS
🟢 The rumor spread by Jim Cramer that the U.S. government will buy Bitcoin when the price hits $60,000 is unrealistic. Although Donald Trump once signed an order to establish a "strategic Bitcoin reserve", this fund does not currently exist and there is no legal mechanism for the government to purchase crypto.
🟢 The U.S. government does not use tax money to buy Bitcoin; the Treasury Department says it does not have the authority to "rescue" the price $BTC .
🟢 Establishing a reserve requires U.S. Congress to pass a law; the process has not been prioritized.
🟢 Currently, the U.S. only retains confiscated crypto assets, not new purchases on the market.
🟢 Buying BTC (if any) may come from state levels - which are more flexible than federal.
➡️ Conclusion: There is no "buy button" from the White House at the $60,000 mark; the rumor is merely market speculation.
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➡️ Update crypto market information at: Cashback.Exchange
