Deutsche Bank: Trump Administration's Bitcoin Reserve More of a Reclassification, Many Unknowns Remain

Blockbeats
26 Mar

BlockBeats News, March 26th, Deutsche Bank Managing Director and Macro Strategist Marion Laboure stated that the Trump administration's Bitcoin reserve is a continuation of many measures in the broader digital asset industry by 2024, and it is more like a reclassification, nothing new. However, there are still many unknowns about how it will operate because, so far, little is known about the cryptocurrency allocation in the reserve, the understanding of the asset portfolio is limited, and the timeline is also not well understood. Cryptocurrency as an asset class still exhibits high volatility, and apart from Bitcoin and Ether, many cryptocurrencies still carry a certain level of risk.

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