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Federal reserves are held so that the government can tap into them in emergencies.
For instance, the government has reserves of military equipment and medical equipment.
Of course, probably the most famous federal reserve is its stockpile of gold.
And while some have referred to bitcoin as digital gold, there are differences.
So is it time to buy the five cryptocurrencies on the governments list or not?
Only time will tell, but one thing is true: All of them have already enjoyed explosive growth.
Heres how much you would have made if you had bought $1,000 worth of each five years ago.
Also seetwo ways Trump tariffs have impacted bitcoins price and what experts predict next for crypto.
With bitcoin trading north of $85,000, that would be worth approximately $17 billion.
Five years ago, on March 28, 2020, bitcoin traded at $6,252.
If you had bought $1,000 worth of it then, youd have approximately $13,600 today.
The crypto is trading around $131 now, giving 1,052 tokens a value of almost $138,000.
This means your $1,000 would have bought you 33,333 tokens.
And what would they be worth today with cardano trading at $0.70?
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