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How will Bitcoin price react to Bessent's divestment by Mar 31, 2025?
2
Resolution / Starting Odds
Price increases by over 10% • 25%
Price decreases by over 10% • 25%
Price remains stable (+/- 5%) • 25%
Other outcome • 25%
Bitcoin price data from major cryptocurrency exchanges or financial news outlets
Story
Trump's Treasury Nominee Scott Bessent to Divest $500,000 Bitcoin ETF Holding
Jan 12, 2025, 10:47 AM
Incoming U.S. Treasury Secretary Scott Bessent, nominated by President Donald Trump, has disclosed that he holds up to $500,000 in a BlackRock Bitcoin ETF. Bessent plans to divest from this investment before taking office. His personal exposure to Bitcoin through the ETF has sparked discussions about the stance of high-level government officials on cryptocurrency.
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