According to Crypto Rover, David Bailey claims that China is currently holding closed-door meetings regarding the creation of a strategic Bitcoin reserve. China allegedly still holds $17 billion in seized BTC, positioning them as a rival to the United States. This development could potentially influence Bitcoin's market dynamics significantly.

According to Crypto Rover, Trump advisor David Bailey reports that China is conducting closed-door meetings regarding a strategic Bitcoin reserve, potentially signaling a shift in their cryptocurrency policy. This development may fuel global FOMO (fear of missing out) among investors, providing upward pressure on Bitcoin prices as traders anticipate increased demand from China. Such strategic moves by a major economic power could influence market trends and trading strategies worldwide.