Fidelity Predicts Bitcoin May Become Reserve Asset for More Countries
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 02 2026- Market Outlook Analysis: Fidelity Digital Assets' report indicates that more countries may consider Bitcoin as a reserve asset, reflecting a growing global interest that could drive prices higher, suggesting a potential shift in market dynamics.
- Investor Strategy Advice: The report advises short-term profit-seeking investors to exercise caution, while indicating that long-term investors still have opportunities to enter the market, highlighting a shift in market sentiment that could influence investment decisions.
- Demand and Price Relationship: Chris Kuiper, Vice President of Research at Fidelity, noted that if more countries include Bitcoin in their foreign exchange reserves, it could create competitive pressure, increasing demand and exerting upward pressure on prices, emphasizing the importance of supply-demand dynamics in the market.
- Market Risk Warning: While corporate purchases of cryptocurrencies have bolstered market demand, Kuiper cautioned that if these companies are forced to sell digital assets during a bear market, it could significantly depress Bitcoin and other crypto asset prices, urging investors to be cautious in navigating market volatility.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
