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How $100 Billion Bitcoin Purchase by the US Could Send BTC Price to $500K?

CoinGape LogoCoinGape11h ago

How $100 Billion Bitcoin Purchase by the US Could Send BTC Price to $500K? - CoinGape

Quick Summary:

Amid the Donald Trump election win, the Bitcoin price rally resulted in creating a new ATH, surging almost twice its value within months.

This gained the world’s attention, as such high returns and success of Bitcoin ETF resulted in many institutional buyers holding on to BTC.

Although this was not a speculation, but rather a roadmap on how the government could get into Bitcoin buying.

More Pictures

How $100 Billion Bitcoin Purchase by the US Could Send BTC Price to $500K? - CoinGape (Picture 1)How $100 Billion Bitcoin Purchase by the US Could Send BTC Price to $500K? - CoinGape (Picture 2)How $100 Billion Bitcoin Purchase by the US Could Send BTC Price to $500K? - CoinGape (Picture 3)How $100 Billion Bitcoin Purchase by the US Could Send BTC Price to $500K? - CoinGape (Picture 4)How $100 Billion Bitcoin Purchase by the US Could Send BTC Price to $500K? - CoinGape (Picture 5)

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Article Details

Author / Journalist: Pooja Khardia

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 08:32:45 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 546 words

Reading Time: 4 minutes read

Sentences: 49 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28307865

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 21 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "How $100 Billion Bitcoin Purchase by the US Could Send BTC Price to $500K?" was covered 11 hours ago by CoinGape, a news publisher based in India.

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CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 21 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #28307865
  • URL: https://jb-adventure.beamstart.com/news/how-100-billion-bitcoin-purchase-17460893699914

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