A weekend Reality Social publish from President Donald Trump set in movement the primary steps in making a strategic U.S. bitcoin (BTC) reserve, however Polymarket merchants are skeptical that it’s going to occur inside the first 100 days.
As of press time, Polymarket bettors are giving a 23% likelihood {that a} strategic BTC reserve shall be created inside the first 100 days of the Trump presidency – or by April thirtieth, 2025.
Guidelines of the contract say that the U.S. authorities might want to particularly maintain bitcoin – and never from confiscation – by 11:59 PM ET on April 29 for this to resolve to sure. Bulletins of the creation of a reserve don’t rely.
Possibilities of a reserve coming true spiked from 11% to 23% within the moments after Trump’s announcement. One other contract that asks if a reserve shall be created by the tip of 2025 presently has a 65% likelihood of resolving to sure.
Initially, Trump’s social media publish saying the creation of the reserve solely named XRP and SOL as parts of the reserve—which induced their worth to spike—earlier than clarifying that BTC and ETH would even be included within the reserve.
One of the vital worthwhile merchants of the 100-day crypto reserve contract is Theo5, which seems to be affiliated with a French dealer who created a sequence of accounts, together with Theo4, to directionally wager on Trump’s victory within the November 2024 election.
Theo5 presently has posted a $40,000 revenue on his no place.
In the meantime, a dealer generally known as Polywog misplaced $73,000 on their sure place and additionally misplaced over $560,000 by incorrectly betting on the result of the 2025 election.
