Bitcoin Speculation Rises as Trump Discusses Potential Reserve

With President Donald Trump’s 100-day mark approaching, speculation is mounting about whether he will officially adopt Bitcoin for the United States’ financial reserves. According to prediction market Polymarket, there is a 6% chance of an announcement before the milestone ends tomorrow. This comes after U.S. Secretary of Commerce Howard Lutnick openly discussed the administration’s changing stance on cryptocurrencies, highlighting a shift from restrictive measures under the previous administration. Lutnick asserted that Bitcoin will be treated as a commodity similar to gold or oil, emphasizing its limited supply and parallels to traditional resources like gold and oil.