XRP News today: The Ripple case – why today’s meeting could change everything; BTC to $ 97K

American Strategic Bitcoin Reserve in Focus

A short return on Wednesday followed a jump jump, and BTC received support from progress towards National USA Strategic Bitcoin Reserve (SBR). At the end of 2024. year, SENTOR Cynthia Lummis introduced the law Bitcoin, proposes the US Milion BTC government over five years, with a compulsory period of 20 years. The US SBR would tilt the balance of demand in BTC firmly.

While Senator Lummis is pushing for the Congress to support the account, it appears at the state level.

• House for the US state of UTA recently passed Legislation for SBR.
• The new Hampshire legislators presented HB92, proposing that 10% of the state funds were awarded by BTC ETFS.

The number of conditions that the SBR is growing outside the trumped printing. Massachusetts and new Hampshire, traditionally blue states, also progress law related to BTC.

If Congress passes the rank of Bitcoin, it could encourage global fomo, similar to past trends gold Accumulation.

Amicus Curiae Lawyer John E Deaton Recently listed:

“If the US government passes the Senator account and begins the purchase of BTC, there will be no doubt that other nations will accompany the suit, just as with gold State of Fomo, and if this happens, a million dollars per btc happens much faster than people think. “

Bitcoin price outlook

12. February, 12. February BTC gained 2.17%, reversing a loss of 1.71% on Tuesday, closing in the amount of 97.881 USD.

Although progress towards the National SBR remains crucial, other key factors that are viewing include:

• American Tariff Policies and Trade Tensions.
• The upcoming prices of the US manufacturer and receivables without work.
• American BTC-SPOT ETF Market flow trends.

Possible scenarios:

• Beriash: Growing tariffs, strong American economic data, and Havkish Fed could press BTC to $ 90,000.
• Bullish: Mitigation of American tensions, weaker American economic indicators and increased demand for BTC ETF could send BTC to their time in the amount of $ 109,312.