#VoteToDelistOnBinance
While the mood has soured, progress on the Bitcoin Act could revive BTC demand.
Senator Cynthia Lummis reintroduced the Bitcoin Act on March 11, proposing the US government purchase one million BTC over five years, with a 20-year mandatory holding period.
The bill’s progress on Capitol Hill could become a key BTC price catalyst. Trump’s election victory and speculation about US government plans for a significant BTC acquisition had driven BTC to a record high of $109,312 in January.
Investors must closely monitor the Bitcoin Act’s progress in Congress.