Bitcoin Under Government Scrutiny: Comprehensive Audit Scheduled This Saturday

A landmark event in the world of cryptocurrency is set to unfold this Saturday, as the US government prepares to conduct a comprehensive audit of its Bitcoin holdings across federal agencies. This audit comes at a crucial time for the crypto market, which is currently experiencing significant volatility.

200K Bitcoin Under Review: Key Insights from the US Government Audit

The US government Bitcoin audit scheduled for this Saturday will reveal the exact cryptocurrency holdings across federal agencies. This first-ever comprehensive accounting of government-held Bitcoin comes at a time when crypto markets are experiencing significant volatility. Investors are actively seeking greater transparency about US Bitcoin holdings. The Department of Treasury will disclose their Bitcoin and other digital assets on April 5, following President Trump’s executive order. This unprecedented assessment of government crypto reserves could explain recent Bitcoin price fluctuations and shape future crypto market regulation.

US Government to Reveal Bitcoin and Crypto Holdings

The US government is set to reveal its Bitcoin and crypto holdings on April 5. The order establishes the Strategic Bitcoin Reserve and a Digital Asset Stockpile, considering Bitcoin a key national asset. The disclosure will show the government’s current holdings and future plans regarding digital assets. The government is considering holding Bitcoin long-term. Trump’s executive order required federal agencies to submit their crypto balance sheets within a month, and the Treasury Secretary must create two new offices to oversee digital properties. The aim is to hold Bitcoin like gold, with a ’digital Fort Knox’. The Strategic Bitcoin Reserve will include Bitcoin acquired from seized properties.

Bitcoin Logs Worst Q1 in 7 Years: Market Metrics Point to Brewing Bullish Momentum

Bitcoin’s performance in Q1 2025 has been its weakest since 2018, decreasing by 11.82%. The price of Bitcoin has declined from $106,000 in December 2024 to around $80,200 by late March 2025 due to macroeconomic pressures and policy uncertainties, particularly following new tariff policies by US President Donald Trump. Despite this bearish backdrop, market metrics suggest brewing bullish momentum.

Bitcoin Price Analysis: BTC Must Reclaim Key Level to Resume Bull Run

Bitcoin is attempting to stabilize after a corrective move from the $92K region, with the price currently rebounding from the $80K support zone. Momentum remains fragile, and bulls need to confirm a follow-through above key resistance. On the daily chart, BTC is trading just below its 200-day moving average after a recent breakdown from the $88K level. The asset found support NEAR $80K, which aligns with previous demand and horizontal structure, and is now pushing higher. However, the 200-day moving average, located around the $87K mark, is acting as dynamic resistance, and the price has yet to close above it convincingly. The RSI remains below 50%, showing some recovery, but still lacks strong bullish divergence.

Bitcoin Market Enters Asymmetric Demand Zone – Calm Before The Next Surge?

Bitcoin has been navigating sharp volatility and renewed selling pressure as financial markets continue to face deep uncertainty. Global investors are reacting to rising geopolitical tensions and erratic policy moves, particularly from US President Donald Trump, whose latest tariff announcements have added fuel to an already unstable environment. His unpredictable behavior continues to unsettle markets and shake risk sentiment, placing added pressure on crypto assets like Bitcoin. Despite the turbulence, many analysts view the current correction as part of a broader, healthy market cycle. They argue that the noise from global headlines may be distracting from what could be a more constructive reset in price action. Underlying market data shows a shift in momentum that may favor long-term bulls.