According to Crypto Rover, a Chinese state-backed think tank has identified Bitcoin as a potential reserve hedge against the U.S. dollar, marking a significant shift in institutional perception of BTC in China (source: Crypto Rover, May 30, 2025). This development could drive increased demand for Bitcoin from institutional and sovereign sources, potentially boosting BTC liquidity and price stability. Traders should monitor for further policy signals from China, as state-backed institutional interest historically precedes broader market adoption and can impact global crypto market flows.