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Senate Texas A general hearing will hold a state reserve establishment in Bitcoin. However, according to analysts, without an immediate investment plan, this step can have a limited impact on the markets.

Let’s see all the details in this article.

Texas: Federal reserve decisions on the reserve remain the main factor that affects the path of bitcoin

Texas is preparing to discuss creating a Strategic reserves in Bitcoin, A decision can be another step towards institutional adoption of encrypted currencies.

However, industry experts believe that the initiative, although it is important, may have a symbolic effect only if not accompanied by The concrete investment plan.

On February 18, the Senate in Texas will hold a session to assess the possibility of establishing a State reserves from Bitcoin. The proposal, contained in Bill SB21, was presented to the Minister of Senate and is now the subject of a public debate.

The aim of the session is to explore the potential economic and financial effects of such an initiative. Specifically, analysis Benefits and risks Adopted Bitcoin As a value store.

According to market analysts, Texas decision It can be an important development in the institutional adoption of encrypted currencies. However, without a clear commitment to the immediate purchase of Bitcoin, the market can It interacts in a clear way.

Iliya Kalchev, In this regard, an analyst at Nexo emphasizes how Texas decision represents another step in bitcoin legitimacy as a backup asset.

However, it is believed that the initiatives of this type are Limited effect Compared to a broader domain developments, such as approval of the Bitcoin investment funds or large companies ’decisions to customize resources in Criptovalute:

“The Texas in Bitcoin is a positive signal, but unless the short -term purchase plan is announced, the market will not respond significantly.”

In fact, Texas has already been distinguished by its positive attitude towards cryptocurrencies, with the regulations that encourage the Blockchain industry and a useful tax environment for companies in this sector.

However, the session alone is not sufficient to generate a major change in the bull bull market.

Federal reserve and global tensions

While the initiative in Texas is a positive indication of the growing institutional acceptance of encrypted currencies, experts agree that the real decisive factor of the Bitcoin path remains Monetary The Federal Reserve of the United States.

In recent months, Bitcoin has been affected by interest rate expectations and federal reserve decisions. If the Central Bank maintains a restraint policy, Bitcoin’s gravity may decrease as a short -term store.

On the contrary, reducing monetary policy can prefer a greater demand for alternative assets such as cryptocurrencies.

Vugar usi zadeCEO of Operations PeterIt also highlights how geopolitical tensions, especially trade relations between the United States and China, can have a significant impact on the markets:

“The global economic uncertainty in influencing bitcoin is still. If the United States maintains a rigid stance towards China and progresses on a new tariff, volatility may increase.”

In any case, Texas is not the only country to consider bitcoin reserves. Kentucky It also evaluates similar legislation, with a proposal that includes allocating up to 10 % of the state’s excess reserves in digital assets.

This trend reflects an increasing interest from American countries in Bitcoin as a potential alternative to value.

If more countries follow this trend and adopt concrete investment strategies, the impact on the market may become more important.

However, as long as these initiatives remain at the theoretical level, the cryptocurrency market will remain driven by wider macroeconomic factors, such as the Federal Reserve and Global Advance Policy.