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Jim Cramer Suggests US Government Could Buy Bitcoin Near $60K
A comment by Jim Cramer on CNBC about the US potentially filling a "Bitcoin Reserve" at $60,000 has sparked discussion in crypto circles.
Strategic Bitcoin Reserve Speculation
- The idea of a US Strategic Bitcoin Reserve is gaining attention but contradicts the government's usual crypto handling methods.
- Government Bitcoin holdings mainly come from seizures, not open market purchases.
Market Reactions
- Bitcoin prices saw fluctuations after the claim, with some traders motivated to buy.
- On-chain data and wallet scans showed no evidence of large-scale government purchases.

Expert Opinions
- Analysts argue there's no proof of the US buying Bitcoin with taxpayer funds.
- Legal and budget constraints complicate such purchases, needing congressional approval or new legal grounds.
Unresolved Questions
- While Washington holds significant Bitcoin, rumors have more curiosity than confirmation.
- No recent wallet data suggests secretive government buying matching Cramer's statement.