Grayscale Research Director: Bitcoin's further appreciation does not need to rely on the US crypto strategic reserve

President Trump has signed an executive order to establish a strategic Bitcoin reserve and a separate digital asset reserve. Zach Pandl, research director at Grayscale Investments, believes that Bitcoin does not need a strategic reserve in the United States to further appreciate this year. He expects that as adoption rates increase, the price of Bitcoin will be pushed higher. At the same time, Bitcoin will begin to serve as a store of value this year, especially in light of concerns that Trump's tariff policies may lead to a resurgence of inflation.