Pro-Crypto Policies Under Trump Fuel Bitcoin Reserve Hope
- Market confidence in pro-Bitcoin policies surged sharply in January.
- In a 6-hour chart, predictions reveal a 65% chance of Trump creating a Bitcoin reserve.
- Bitcoin reserve plans could reshape the U.S. role in global cryptocurrency leadership.
Donald Trump is predicted to establish a Bitcoin reserve fund within his first 100 days in office, according to an analysis by Polymarket. As of press time, a six-hour chart indicated a 65% likelihood, reflecting a 6% rise in confidence. The trading volume, which reached $2,475,074, highlighted the growing market enthusiasm for Trump’s crypto-related policies.
Market Speculation Fuels Confidence in Pro-Bitcoin Policies
Since November 7, 2024, public sentiment around the possibility of a Bitcoin reserve fluctuated significantly. Optimism spiked mid-November before tapering off in December, only to rebound strongly in January 2025. The surge coincides with Trump’s increased pro-crypto rhetoric and his July 2024 announcement in Nashville, Tennessee, where he vowed to make the U.S. the “global cryptocurrency capital.”
Trump’s administration is reportedly considering leveraging the Treasury’s Exchange Stabilization Fund to execute his pledge of a strategic Bitcoin reserve. A recent New York Post report also suggested potential diversification of the reserve, including cryptocurrencies such as USDC, SOL, and XRP.
Legislative and State-Level Push for Bitcoin Reserves
Senator Cynthia Lummis introduced the BITCOIN Act in November, which mandates the U.S. Treasury to purchase one million Bitcoin within five years. This legislative proposal aligns with Trump’s vision of using Bitcoin reserves to combat inflation and strengthen America’s crypto leadership.
At the state level, Texas, Florida, and Pennsylvania have proposed Bitcoin reserve bills aiming for energy reforms and right-to-mine laws. These states are expected to play pivotal roles in supporting federal-level initiatives.
Market Impact and Executive Actions
The anticipation surrounding Trump’s inauguration coincides with Bitcoin reaching a new all-time high. Reports stated that Trump would be signing over 100 executive orders on his first day, potentially addressing the economy and the digital asset market.
According to CoinShares, creating a national Bitcoin reserve would have a more profound long-term impact than introducing Bitcoin ETFs. As the crypto industry anticipates Trump’s next moves, his policies promise to shape the U.S. as a potential global cryptocurrency leader.
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