Could U.S. Bitcoin Reserves Shake the Market?

A crypto analyst has cautioned that Senator Lummis’ proposal for the U.S. government to acquire 5% of Bitcoin’s supply could trigger significant price volatility.

Ben Simpson, CEO of Collective Shift, suggested that if the strategic Bitcoin reserve gets approved, Bitcoin’s price might experience a sharp pump followed by a potential correction. This move could reshape the crypto market dynamics in unforeseen ways.

How do you think the market would react if the U.S. builds a Bitcoin reserve?