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Fortune
Fortune
Catherine McGrath

Bitcoin pops 6% after a top Trump official hints the administration is about to reveal its crypto reserve strategy

(Credit: Win McNamee—Getty Images)

Bitcoin and the crypto market overall rose on Wednesday on the news that the Trump administration will reveal plans about its crypto reserve strategy later this week. 

U.S Secretary of Commerce Bitcoin strategic reserve is something the president’s interested in. He spoke about it all during the campaign trail, and I think you’re going to see it executed on Friday,” Lutnick told the outlet on Tuesday. 

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