#Trump May Build Bitcoin Reserve#
Hot Topic Overview
Overview
The possibility of Donald Trump establishing a U.S. national Bitcoin reserve is increasing. Prediction market Kalshi shows that the probability of this event happening has risen from 40% on January 10th to 68.8% currently, with some analysts predicting as high as a 70% chance of it occurring in 2025. This trend may be linked to Donald Trump Jr.'s role as a strategic advisor for Kalshi, or it could reflect the recent resurgence of the cryptocurrency market.
Ace Hot Topic Analysis
Analysis
The likelihood of Donald Trump establishing a US national Bitcoin reserve is increasing, with the probability of the event occurring on the prediction market Kalshi rising from 40% on January 10th to 68.8% currently. The prediction market's advisor is Donald Trump Jr., who announced his joining of Kalshi on October 13th. Latest news shows that Kalshi states the probability of Trump establishing a US national Bitcoin reserve in 2025 to be 70%. This indicates a bullish market sentiment towards potential policy actions Trump may take, and the possibility of including Bitcoin in the US national reserve system. While there is currently no concrete evidence to suggest Trump will take this step, the rising probability of the event on the prediction market reflects the shifting market expectations of Trump’s policy direction, as well as the potential value of Bitcoin as a digital asset.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump
may
establish
a
US
national
Bitcoin
reserve
in
2025
with
a
70%
probability
The
probability
of
Trump
establishing
a
national
Bitcoin
reserve
is
rising
The
prediction
market
Kalshi
probability
has
risen
from
40%
to
68.8%
Trump's
eldest
son
Donald
Trump
Jr
serves
as
a
strategic
advisor
to
the
prediction
market
Kalshi
and
may
have
influenced
the
market's
expectations
regarding
Trump
establishing
a
Bitcoin
reserve
The
crypto
market
bottom
may
have
prompted
Trump
to
consider
establishing
a
national
Bitcoin
reserve