Polymarket has the odds that Donald Trump creates a national Bitcoin reserve in his first 100 days at 27%.
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President-elect Donald Trump has announced plans to position the United States as a global leader in cryptocurrency during his upcoming term.
“We’re going to do something great with crypto because we don’t want China or anybody else getting ahead of us,” Trump told CNBC’s Jim Cramer at the New York Stock Exchange on Thursday. He made the remarks in response to a question about the possibility of establishing a national strategic bitcoin reserve.
Trump’s support for the cryptocurrency industry marks a significant shift from the current administration’s adversarial stance toward digital currency businesses. A national bitcoin reserve is among the promises Trump has made to the industry, which played a role in his return to political prominence.
The president-elect was at the New York Stock Exchange to ring the opening bell, commemorating his selection as Time magazine’s “Person of the Year.”
Bitcoin remained relatively stable on Thursday, trading just above the $100,000 milestone it surpassed last week.
