According to Milk Road (@MilkRoadDaily), Jordi Visser (@jvisserlabs) and Kyle Reidhead (@kyleReidhead_) discussed live on May 1, 2025, the evolution of the global monetary system, emphasizing Bitcoin’s current and future positioning as a reserve asset. The session highlighted trading-relevant signals, such as increased institutional interest in Bitcoin as a hedge against fiat currency risk and ongoing skepticism among traditional investors. Long-term conviction was noted as a key factor, with Visser and Reidhead pointing to macroeconomic shifts and regulatory developments as primary drivers for Bitcoin’s price trends in 2025 (source: Milk Road Twitter, May 1, 2025).

According to Crypto Rover, Arizona has successfully passed the Strategic Bitcoin Reserve Bill in its final committee, paving the way for the first state-level Bitcoin reserve in the United States. This legislative move could significantly impact Bitcoin trading volumes as states begin to adopt cryptocurrency reserves, enhancing Bitcoin's legitimacy and potentially influencing its price positively. Traders should monitor this development closely as it may lead to increased institutional interest and regulatory changes in the crypto market.