“In the short term, 100k will be the next major level of interest because of the symbolic nature of the number and the digit change,” Presto Research investment analyst Min Jung said in a note to CoinDesk.”Looking beyond that, we believe the U.S. could eventually add Bitcoin to its balance sheet—maybe as part of a ‘strategic Bitcoin reserve’ or something similar, but likely under a more low-key name.

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Author: Shaurya Malwa