Excitement was palpable, and Bitcoin's value climbed above $106,000, on news of a pending call between U.S. President Donald Trump and El Salvador's President Nayib Bukele and hopes of talk of a Bitcoin strategic reserve for the U.S.
Under Bukele's leadership, El Salvador became the first nation to adopt Bitcoin as legal tender, significantly impacting its economic landscape. He's also invested heavily in a Bitcoin strategic reserve, with the nation's holdings at 6,044 BTC, valued at approximately $610 million, according to CoinGecko data.
Today, though, no conversations about Bitcoin took place. The readout of the call said, "The two leaders discussed working together to stop illegal immigration and crack down on transnational gangs like Tren de Aragua. out of the call said, "the two leaders discussed working together to stop illegal immigration and crack down on transnational gangs like Tren de Aragua. President Trump also praised President Bukele’s leadership in the region and the example he sets for other nations in the Western Hemisphere."
Trump has shown interest in establishing a U.S. Bitcoin reserve, and indeed, the U.S. treasury department already has a stockpile of confiscated coins which could serve as a tidy starting point.
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