Following the announcement that US President Donald Trump will continue the country’s strategic cryptocurrency reserve formation policy, Bitcoin saw strong buying. After the statement, BTC, which gained over 7%, surpassed $94,000 and approached its historical peaks. On-chain data indicates that the rise is mostly driven by spot purchases, signaling an organic surge rather than a speculative move. The decrease in open positions in futures confirms that direct buying transactions are dominant in the market, suggesting that new highs could be seen if Bitcoin maintains its upward momentum.