Bitcoin’s price has skyrocketed around 50% since its low point of $75,000 in April, driven by concerns over the US dollar crisis. The market capitalization has reached $2 trillion. Following Michael Saylor’s strategy, another big company is buying bitcoin.
US Vice President JD Vance predicted that the number of Americans owning bitcoin will double to 100 million. Vance stated that he still holds a significant amount of bitcoin and believes it will be an important asset for the US over the next decade.
Vance expressed his support for US President Donald Trump, who announced a potential strategic reserve for bitcoin if elected president. Vance sees crypto as a hedge against bad policy making from Washington. He hailed Trump as crypto’s “champion” and said the US should be leaning into bitcoin due to China’s opposition.
Source: https://www.forbes.com/sites/digital-assets/2025/05/29/jd-vance-just-issued-a-huge-bitcoin-prediction-after-2-trillion-price-rally