US crypto reserve could boost Bitcoin market cap by $460B — Research

Creating a strategical cryptocurrency reserve successful the United States could boost Bitcoin’s (BTC) marketplace capitalization by astir 25%, oregon astir $460 billion, according to an investigation by Sygnum Bank shared with Cointelegraph. 

US President Donald Trump’s plans for a nationalist crypto stockpile, on with akin proposals crossed dozens of US states, could trigger a multibillion-dollar buying spree with a 20x multiplier effect connected Bitcoin’s price, according to Sygnum, a crypto plus manager.

“Because the liquid proviso of bitcoin is precise tiny […] larger inflows origin upward terms shocks,” Katalin Tischhauser, Sygnum’s probe head, told Cointelegraph. 

Tischhauser added that national oregon authorities authorities Bitcoin buying would beryllium “likely to trigger different question of allocations from organization investors arsenic well,” not to notation different countries’ governments. 

Institutional superior flows are already exerting a “multiplier effect” connected BTC’s spot price, with each $1 cardinal worthy of nett inflows into spot exchange-traded funds (ETFs) driving an astir 3-6% terms move, Sygnum said successful its Crypto Market Outlook 2025 report. 

Institutional inflows thin to thrust terms for Bitcoin. Source: Sygnum Bank

Planned crypto reserve

On March 2, Trump confirmed his committedness to creating a US crypto stockpile holding Bitcoin, arsenic good arsenic altcoins specified arsenic Ether (ETH) and Solana (SOL), among others.

Crypto markets surged pursuing Trump’s announcements, but surrendered those gains aboriginal successful the week arsenic macroeconomic unease and a looming commercialized warfare took halfway stage. 

Trump has endorsed the thought of a nationalist crypto excavation since July 2024, erstwhile US Senator Cynthia Lummis pitched the BITCOIN Act, proposing a US reserve specifically for Bitcoin. More than fractional of US states person fielded proposals to make akin reserves astatine a state-level. 

State Bitcoin reserve bills. Source: VanEck

However, advancement has been uneven. Five states already rejected crypto reserve plans, Tischhauser said. Meanwhile, creating a national crypto stockpile would presumably necessitate Congressional approval, a lengthy and uncertain process. 

“[T]he marketplace presently rates the probability [of a nationalist Bitcoin stockpile] comparatively low” due to the fact that of challenges including confusing messaging and ineligible hurdles, Katalin Tischhauser, Sygnum’s probe head, told Cointelegraph. 

“[A]ny affirmative astonishment would beryllium bullish for the bitcoin price,” Tischhauser said. 

The White House intends to uncover much details astir the plans during a March 7 crypto summit, according to US Commerce Secretary Howard Lutnick. 

He suggested that Bitcoin volition person a peculiar presumption successful the US crypto reserve, which volition see ETH, Solana, XRP (XRP) and Cardano (ADA). 

“That level of enactment coming from the medication is bullish for definite but calling it a strategical reserve has created a batch of confusion,” Tischhauser said. 

“With the inclusion of the different tokens, I deliberation we are talking astir a projected nonstop concern by the US authorities successful the industry.”

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