PANews reported on February 26 that according to TheCryptobasic, cryptocurrency regulation and policy issues will continue to be the main factors driving Bitcoin's rise this year. However, for investors who bet that insufficient government adoption will be good for Bitcoin, the failure of three Bitcoin reserve bills in Montana, North Dakota and Wyoming has brought new uncertainty. BRN analyst Valentin Fournier said: "Despite US President Trump's support for Bitcoin, the failure of three state-level Bitcoin reserve bills highlights the political risks. Policymakers need to avoid accusations of using taxpayer funds for speculation." Before Trump took office, the market had highly speculated that the United States would establish a national Bitcoin reserve. However, the plan remains uncertain, and the cryptocurrency executive order recently signed by the US President did not mention the idea.