According to Crypto Rover, the Swiss National Bank (SNB) has decided not to follow former President Trump's push to hold Bitcoin reserves. This decision is significant for traders as it indicates that SNB is not aligning with trends of central banks diversifying into cryptocurrency. The rejection may affect Bitcoin's perceived stability as a reserve asset, potentially influencing market sentiment and trading strategies.

According to WallStreetBulls, the Swiss National Bank (SNB) has decided against including Bitcoin in its reserves as of March 2, 2025. President Martin Schlegel cited several reasons, focusing on Bitcoin's volatility and lack of stability as a reserve asset. This decision could impact Bitcoin's institutional adoption and influence trading strategies focused on sovereign wealth funds and central bank holdings.

According to Crypto Rover, Swiss National Bank President Martin Schlegel announced the rejection of Bitcoin as a currency, citing its excessive volatility and lack of stable currency characteristics, impacting its potential acceptance in institutional portfolios.