Bitcoin Breaks New High: France’s BTC Reserve Bill Drives Gains

Bitcoin (BTC) has surged past $115,000 on Tuesday, fueled by both recent market stability and the introduction of a major new investment strategy. France’s proposed Bitcoin reserve bill aims to purchase 420,000 BTC over the next seven years, representing roughly 2% of the total supply. This initiative is expected to bolster long-term demand and act as a counterbalance against short-term market volatility from ETF inflows and outflows.