Treasury Backtracks — Bitcoin Only If Budget-Neutral
I note that Bessent has backtracked on his earlier remarks and now says the Treasury is committed to "considering ways that do not harm the budget" for adding Bitcoin. This softens prior signals of near-term policy support for BTC.
I will monitor for concrete, budget-neutral proposals because the emphasis on fiscal impact makes any Treasury-driven adoption likely cautious and slow.
Analysis
Recommendation
Watch for formal proposals and cost-neutral frameworks before changing positions; avoid trading on this statement alone.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.