Tom Lee, Head of Research at Fundstrat, recently highlighted Bitcoin's potential as a strategic asset for managing national debt.
He suggested that as the U.S. faces mounting fiscal challenges, Bitcoin could serve as a “Treasury reserve asset,” helping to offset liabilities and ease pressure on the growing national deficit.
According to Lee, traditional approaches like tax adjustments and spending cuts may not suffice, and Bitcoin’s rising value could play a critical role in stabilizing the economy.
Lee also shared his outlook for Bitcoin and small-cap stocks, noting that his team has been closely monitoring market trends, particularly in the wake of election-related volatility.
He sees the post-election period as favorable for Bitcoin, with the potential for the cryptocurrency to reach $150,000 by year-end as regulatory concerns diminish and post-halving momentum builds.
Looking ahead, Lee expects the post-election rally to continue, driven by improved investor sentiment and favorable economic conditions.
He anticipates that this optimism will support risk assets like Bitcoin, fueling further investment and potential price growth. Additionally, Lee sees a stabilization in market volatility, which could drive broader market confidence and contribute to sustained momentum for cryptocurrencies.
Germany may have cost itself over $2 billion by offloading a massive Bitcoin stash too early.
After weeks of tepid action, demand for U.S.-listed spot Bitcoin ETFs surged on Monday, with net inflows reaching $667.4 million—the strongest daily total in over two weeks.
A new nationwide survey has revealed a surprising shift in American attitudes toward monetary policy and national assets: a majority now favor adding Bitcoin to the country’s reserve holdings.
A bold new proposal could overhaul how Bitcoin’s smallest units are represented, marking a shift that proponents say would simplify usage and align better with how the protocol actually works.