What will be the Bitcoin price range within a week of Trump's executive order announcement?
Below $100,000 • 25%
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Cryptocurrency market data from sources like CoinMarketCap or Binance
Trump Expected to Issue Executive Order for National Bitcoin Reserve, With 65% Chance and Driving Prices to $200K
Jan 20, 2025, 10:35 AM
On January 20, 2025, President Donald Trump is expected to issue an executive order to establish a national Bitcoin reserve in the United States. This move has generated considerable optimism in the cryptocurrency market, with predictions that it could drive Bitcoin prices to $200,000. Current market sentiment indicates a 65% probability that Trump will create the reserve within his first 100 days in office, a figure that has reportedly doubled in the past week. Polymarket data shows a 57% likelihood of this initiative being realized. The announcement is anticipated to have a significant impact on Bitcoin's trajectory, with many analysts suggesting it could lead to a price discovery phase for the cryptocurrency.
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