According to Crypto Rover on Twitter, the 'Bitcoin State Reserve' law has just been passed, marking a significant milestone for the cryptocurrency market (source: Crypto Rover, May 8, 2025). This legislative move signals a new era of institutional Bitcoin adoption, as governments are now formally recognizing Bitcoin as a state reserve asset. Traders should monitor increased volatility, as this development may trigger large-scale buying from institutional investors and central banks, potentially driving Bitcoin prices upward and influencing altcoin momentum as well (source: Crypto Rover, May 8, 2025).