With the income to be obtained from the US customs tariffs Bitcoin 
$114,017.55 The allegation that he could buy fell on the agenda of the crypto money market like a bomb. Wall Street history Fred Kruegerthat the source to be provided from tariffs can have a significant impact on the crypto currency market. stated. US Trade Minister Howard Lutnick announced that 50 billion dollars per month can be obtained from tariffs.
What happens if tariff revenues are used for Bitcoin?
According to Krueger’s calculation, tariff revenue of 50 billion dollars with existing market prices is 400,000 in the first month BTC corresponds to the purchase. Considering that approximately 19,000 new Bitcoins are produced on a daily basis, this purchase volume is large enough to affect the supply-demand balance in the market.
Strategic Bitcoin reserves include the US steps in the field of crypto currency. This reserve was created by combining the confiscated assets. An official statement regarding direct purchase from the markets has not been made so far.
Statements from the government raised expectations
US Treasury Minister Scott BessentBitcoin purchases in his previous statements made different directions on the purchases. In his first statements, Bessent stated that such purchases can be evaluated, and then the government did not have such a plan.
In the following statements of Bessent, he said that new purchases can be examined by considering the budget balance. Although the minister’s explanations are far from clarity, he shows that the US is making different assessments on crypto monetary policy.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and perform their operations in line with their own research.
