Bhutan holds around 13k BTC!
They hold twice than El-Salvador. It's just beginning. More and more countries will wish to hold BTC(Bitcoin). It's a matter of time. BTC is getting to become a reserve asset¤cy like gold.
12 hours later, the target rate of the interest rate will be released. The crypto market sentiment seems looking forward to a Big Cut. I just hope that this rate cut will be helpful to improve the market sentiment 🙏
Upvoted! Thank you for supporting witness @jswit.
Bitcoin's Global Adoption on the Rise
Bitcoin's adoption continues to gain momentum, with countries increasingly recognizing its potential as a valuable asset. El Salvador's pioneering move to adopt Bitcoin as legal tender has paved the way for other nations to explore similar initiatives.
The Growing Appeal of Bitcoin
As more countries consider Bitcoin as a reserve asset and currency, the digital currency's global reach expands. This trend reflects a growing confidence in Bitcoin's stability, security, and potential for long-term value appreciation.
Anticipation Surges Ahead of Interest Rate Announcement
The cryptocurrency market is eagerly awaiting the upcoming announcement of the target interest rate. A significant rate cut is widely anticipated, and market sentiment appears optimistic about its potential to boost the overall market.
The Impact of a Rate Cut
A rate cut could provide a much-needed stimulus to the cryptocurrency market, fostering increased investor confidence and potentially driving up Bitcoin's price. However, the ultimate impact of such a policy change remains to be seen.
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