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Analyst: If the US strategic bitcoin reserve is approved, it may cause the market to rise first and then fall

After US Senator Loomis proposed that the US government acquire 5% of the bitcoin supply, Collective Shift founder and CEO Ben Simpson analyzed that if the strategic bitcoin reserve is approved, the market is expected to become unstable, bitcoin will rise, and then may fall back. As for current market conditions, Ben Simpson believes that bitcoin's dominance (a measure of the share of bitcoin in the total cryptocurrency market value) will "start to decline" and that the market "rotation" to counterfeit products has actually begun, but should not directly enter the so-called counterfeit products season.