The U.S. Treasury has ruled out buying $BTC to create a national reserve.
While some GOP senators have floated alternative ideas — including backing Bitcoin with $XAU (gold) reserves or other creative mechanisms — Treasury officials stated clearly that they do not have the legal authority to purchase crypto directly.
📌 What this means for markets:
• Bitcoin remains part of the policy conversation, not policy itself
• No government-backed BTC buying is expected in the near term
• Narratives around a “U.S. Bitcoin reserve” remain speculative, not actionable
This keeps Bitcoin firmly in the market-driven adoption lane, rather than state-sponsored accumulation — at least for now.
Watch legislation, not headlines.
BTC
68,231.4
-8.93%
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