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International Business Times
International Business Times
Business
Marvie Basilan

$BTC Hits $108,000 As Experts Clash Over US Bitcoin Strategic Reserve

Will a Bitcoin strategic reserve be beneficial for the U.S.? (Credit: Marco Verch/flickr)

KEY POINTS

  • $BTC traded above $108,100 at one point Tuesday night
  • Some industry experts are divided over the implications of a Bitcoin fund
  • There is concern a $BTC purchase strategy may not be the best idea
  • One expert believes Bitcoin should 'remain the people's money'

Bitcoin has broken another price record-high for the second straight day amid optimism about the possibility of the United States under Donald Trump establishing a national strategic BTC reserve.

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