- Trump reportedly aims to make crypto a ‘national policy.’
- Market expectations on U.S. strategic BTC reserve (SBR) soared amid recent reports.
The crypto community is more hopeful about President-elect Donald Trump’s potential pro-crypto executive orders on the first day. Some include the potential ‘freezing’ of crypto lawsuits and Bitcoin[BTC] reserve (SBR).
In fact, Polymarket’s odds of a U.S. SBR jumped to 44% on the 17th of January. This followed reports that the president would create a ‘national Bitcoin stockpile’ and make crypto a ‘national priority.’
Additionally, Bloomberg reported that the incoming administration could set up a crypto council to advance the sector’s policy and interests.
Source: Polymarket
The reports stated that the orders could be issued on inauguration day on the 20th of January. Markets quickly reacted positively as SBR odds topped 44% for the first in January. However, the chances of the same slightly dropped to 41%, at press time.
On another prediction site, Kalshi, the odds jumped to 64% for an SBR creation this year.
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Author: Benjamin Njiri
