- Trump proposes a strategic Bitcoin reserve, positioning it with traditional commodities as national reserves.
- Peter Schiff warns Bitcoin reserve could lead to U.S. hyperinflation and dollar devaluation risks.
In July, former U.S. President Donald Trump made headlines by pledging to establish a strategic Bitcoin [BTC] reserve.
This bold initiative, if executed, would position BTC alongside traditional commodities like petroleum, natural gas, and uranium as part of the U.S. national reserves.
Designed to protect against unforeseen supply disruptions, this move underscores BTC’s growing role in the nation’s economic strategy and its shift toward digital asset integration.
That being said, the potential creation of a strategic Bitcoin reserve by Trump could influence BTC’s price movement, though whether it will lead to a bullish or bearish trend remains uncertain.
Polymarket trend on US Bitcoin Reserve
However, according to predictions from Polymarket on the question, “Will Trump create a Bitcoin reserve in the first 100 days?” the likelihood stands at 29% as of the latest update.
This is a slight increase from the previous 27%, though it previously touched a peak of 45%.
Source: Polymarket
The current trend suggests that investor confidence in the reserve’s realization is still cautious, with fewer than 50% betting on its establishment, reflecting uncertainty within the crypto industry.
Execs weighing in
Yet, several key figures and entities are actively supporting the idea of a strategic Bitcoin reserve.
For instance, Senator Cynthia Lummis, a prominent advocate for digital assets, has strongly
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Author: Ishika Kumari
