Taiwanese Lawmaker Advocates for Bitcoin in National Reserves
Taiwanese legislator Ko Ju-Chun has proposed that the government consider adding Bitcoin to its national reserves as a hedge against global economic uncertainty. Ko highlighted Bitcoin's potential as a hedge amid economic risks and suggested Taiwan include it alongside gold and foreign exchange reserves for financial resilience. He emphasized Taiwan's export-driven economy and currency fluctuations, stating that Bitcoin's fixed supply and decentralization make it a valuable asset. Ko recommended allocating a small portion of Bitcoin to diversify assets and hedge risks. Taiwan's move towards crypto-friendly regulations contrasts with China's strict stance on cryptocurrencies. Ko's advocacy for Bitcoin in reserves aligns with global trends, emphasizing the need for flexible financial strategies in uncertain times. Read more AI-generated news on: https://app.chaingpt.org/news
As of May 2025, many signs suggest that an altcoin season may be on the horizon. Bitcoin’s market dominance has dropped from around 60% in late 2024 to about 51%, which often signals that traders are moving their money into altcoins instead of just holding Bitcoin. According to the Altcoin Season Index by Blockchaincenter, which tracks whether altcoins are outperforming Bitcoin, recent data shows the index pushing above 75 — a key indicator that altcoin momentum is building. At the same time, the total market cap of altcoins has reached a record high of $1.89 trillion, surpassing previous highs seen during the 2021 bull run (Binance Research).
However, a full altcoin season is not guaranteed just yet. Bitcoin is still holding a significant share of the market, and its price movements continue to influence the entire crypto space. Additionally, regulatory uncertainty — especially in major markets like the U.S. — is keeping some investors cautious when it comes to smaller, riskier coins. According to Bitrue’s 2025 market analysis, institutional players are waiting for clearer regulations before jumping heavily into altcoins. Still, with increasing altcoin trading volumes and growing retail interest, the market appears to be slowly shifting, and if the trend continues, a stronger altcoin season could unfold in the coming months.
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A **market pullback** refers to a temporary decline in the prices of stocks or other financial assets, typically following a period of upward movement. It is generally considered a short-term dip—often in the range of 5% to 10%—and not as severe as a market correction or crash. Pullbacks are common and can occur due to profit-taking, economic data releases, geopolitical tensions, or shifts in investor sentiment. While they might cause concern among short-term traders, long-term investors often view pullbacks as buying opportunities, allowing them to purchase quality assets at reduced prices. #MarketPullback