Roswell Becomes First U.S. City to Adopt Bitcoin Reserves

In a groundbreaking move for American municipalities, Roswell, New Mexico has become the first city in the nation to establish Bitcoin reserves. Mayor Juliana Halvorson spearheaded this initiative, initiating a donation of 0.0305 BTC. This historic step marks a significant development in the acceptance and integration of cryptocurrency within U.S. government finances. 3.2% increase in Bitcoin prices was observed following the announcement, reflecting market optimism surrounding the new approach.