The notion of Bitcoin ascending to the status of a global reserve currency has gained traction amid recent geopolitical and economic developments. In January 2025, Bitcoin's price surged past $107,000, reflecting increased confidence in its potential as a strategic asset.

The re-election of President Donald Trump has further bolstered the cryptocurrency market, with the administration's pro-crypto stance fostering optimism. Notably, an executive order was signed to establish a working group aimed at reviewing digital asset regulations and exploring the creation of a national Bitcoin reserve.