PANews April 24 news, according to CoinDesk, Strategy co-founder Michael Saylor stated "the winter is over" when Bitcoin stood at about $78,000. Analyst Mati Greenspan pointed out that the movements since the "flash crash" have mostly been corrections in a bull market, and believes that the bottom for Bitcoin has been reached, with the next phase of increase being driven by "national-level adoption," including central banks incorporating BTC along with gold into their reserves. The report mentioned that the U.S. government holds about 300,000 BTC and is discussing the establishment of a strategic Bitcoin reserve; El Salvador continues to purchase daily, and Bitcoin has also been included in the asset allocation of the UK government and some state-level pension funds in the United States.

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