Bitcoin Market Fluctuates Amid U.S. Involvement Rumors

The recent market reactions to Bitcoin have been driven by speculative news about U.S. government involvement in Bitcoin reserves, including analyst Miles Deutscher's tweet about a proposal for the U.S. to accumulate more Bitcoin and Michael Saylor's recommendation for the government to acquire 25% of the Bitcoin supply. Rumors regarding the U.S. planning to purchase 1 million Bitcoins and President Trump's executive order to establish a strategic Bitcoin reserve have intensified market fluctuations, although the latter caused a temporary price drop due to its implications. BlackRock has highlighted Bitcoin's scarcity problem, suggesting a potential supply shock if demand from U.S. millionaires exceeds available supply. Raoul Pal predicts the Bitcoin bull market could extend into 2026, supported by global liquidity indicators and a weakening U.S. dollar.