US President Trump has signed an executive order to establish a strategic Bitcoin reserve and a separate digital asset reserve. Zach Pandl, research director at Grayscale Investments, believes that Bitcoin can further appreciate this year without the need for US strategic reserves. He expects that as adoption rates increase, the price of Bitcoin will be pushed up, and Bitcoin will begin to play a role as a store of value this year, especially amid concerns that Trump's tariff policies may lead to further inflation.