Polymarket Shows Reality Setting In After Trump Stays Silent on Crypto
Jan 22 2025 crypto
The odds of President Donald Trump creating a Strategic Bitcoin Reserve (SBR) in his first 100 days rebounded on prediction market Polymarket after disappointment on the first day of his administration. Rising steadily throughout the month to 48% on Jan. 20, the odds plunged to 28% on Jan. 21 after Trump did not mention an SBR – or anything crypto-related – on a busy Inauguration Day. But today, the odds popped back up to 41%, as initial disappointment wore off and some crypto news did start to break. The Securities and Exchange Commission (SEC) announced plans for a Crypto 2.0 task force headed by Commissioner Hester “Crypto Mom” Peirce. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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