A proposal by Senator Lummis for the U.S. government to acquire 1 million Bitcoin could lead to short-term price volatility, with expectations of a price pump followed by a rotation back. As Bitcoin consolidates around $100,000, its dominance is expected to decline, paving the way for altcoins to gain traction. Analysts believe Bitcoin will remain a key asset for institutions, with strong demand likely to sustain its price despite potential dips.
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