US crypto reserve could boost Bitcoin ( $77,007.00 ) market cap by $460B — Research

Creating a strategic cryptocurrency reserve in the United States could boost Bitcoin ( $77,007.00 ) ’s (BTC) market capitalization by roughly 25%, or approximately $460 billion, according to an analysis by Sygnum Bank shared with Cointelegraph. 

US President Donald Trump’s plans for a national crypto stockpile, along with similar proposals across dozens of US states, could trigger a multibillion-dollar buying spree with a 20x multiplier effect on Bitcoin ( $77,007.00 ) ’s price, according to Sygnum, a crypto asset manager.

“Because the liquid supply of Bitcoin ( $77,007.00 ) is very small […] larger inflows cause upward price shocks,” Katalin Tischhauser, Sygnum’s research head, told Cointelegraph. 

Tischhauser added that federal or state government Bitcoin ( $77,007.00 ) buying would be “likely to trigger another wave of allocations from institutional investors as well,” not to mention other countries’ governments. 

Institutional capital flows are already exerting a “multiplier effect” on BTC’s spot price, with every $1 billion worth of net inflows into spot exchange-traded funds (ETFs) driving an approximately 3-6% price move, Sygnum said in its Crypto Market Outlook 2025 report. 

Planned crypto reserve

On March 2, Trump confirmed his commitment to creating a US crypto stockpile holding Bitcoin ( $77,007.00 ) , as well as altcoins such as Ether (ETH) and Solana (SOL), among others.

Crypto markets surged following Trump’s announcements, but surrendered those gains later in the week as macroeconomic unease and a looming trade war took center stage. 

Trump has endorsed the idea of a national crypto pool since July 2024, when US Senator Cynthia Lummis pitched the BITCOIN Act, proposing a US reserve specifically for Bitcoin ( $77,007.00 ) . More than half of US states have fielded proposals to create similar reserves at a state-level. 

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

“[T]he market currently rates the probability [of a national Bitcoin ( $77,007.00 ) stockpile] relatively low” because of challenges including confusing messaging and legal hurdles, Katalin Tischhauser, Sygnum’s research head, told Cointelegraph. 

“[A]ny positive surprise would be bullish for the Bitcoin ( $77,007.00 ) price,” Tischhauser said. 

The White House intends to reveal more details about the plans during a March 7 crypto summit, according to US Commerce Secretary Howard Lutnick. 

He suggested that Bitcoin ( $77,007.00 ) will have a special status in the US crypto reserve, which will include ETH, Solana, XRP ( $1.47 ) ( XRP ( $1.47 ) ) and Cardano ( $0.26 ) (ADA). 

“That level of support coming from the administration is bullish for sure but calling it a strategic reserve has created a lot of confusion,” Tischhauser said. 

“With the inclusion of the other tokens, I think we are talking about a proposed direct investment by the US government in the industry.”

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