Donald Trump To Mention Bitcoin Or Crypto At The Inauguration? Polymarket Traders Say There's A Chance

Prediction market traders on Polymarket are cautiously optimistic about immediate crypto-related action from President-elect Donald Trump on Inauguration Day.

What Happened: Specifically, according to Polymarket data, the question of whether Trump will mention cryptocurrency or Bitcoin BTC/USD in his inauguration speech on Monday is sitting at a 31% chance.

However, a separate Polymarket market, focusing on Trump's anticipated executive order on cryptocurrency within his first day, shows a contrasting picture, as it reflects a 41% chance of it materializing.

This data, indicates a more positive outlook on the administration’s broader crypto policy.

This apparent contradiction highlights the uncertainty surrounding Trump's immediate crypto plans.

While the data suggests the market is not confident an inauguration speech will discuss crypto, it believes there is a high chance of an executive order pertaining to crypto soon after.

The contrasting data underscores a potential disconnect between immediate public messaging and the administration’s policy aims.

Also Read: Bitcoin Spikes To $104,000, Traders Eye $130,000 Target In Late January

Why It Matters: These dynamics are set against a backdrop of reports suggesting a major policy shift.

The incoming administration is reportedly planning an executive order declaring cryptocurrency a national priority and integrating industry expertise into the administration.

There is the potential of a directive for all federal agencies to review their policies on digital assets, and possibly halt any pending litigation related to cryptocurrency.

There also are conversations on creating a national Bitcoin reserve with the government's existing holdings of the digital asset, which was a prominent campaign promise to attract support from the crypto community.

These reports have bolstered expectations for a more pro-crypto stance from the Trump administration.

The president-elect’s crypto and AI czar, David Sacks, is reportedly collaborating with industry experts to develop a legislative agenda and address contentious laws like SAB 121, which restricts banks’ ability to offer digital asset custody services.

The Biden administration faced criticism for what some saw as overregulation of digital assets.

Trump's policies, on the other hand, are expected to focus on creating opportunities for innovation and adoption in the cryptocurrency space.

A US crypto reserve, if implemented, could strengthen Bitcoin's position as a store of value and draw significant institutional investment.

Speaking with Benzinga, Marcin Kazmierczak, COO of Redstone, described the potential impact: "If this were to materialize, it would represent nothing short of Bitcoin reaching its ultimate endgame—the largest economy embracing the store-of-value narrative."

Trump's pro-crypto stance could also favor certain digital assets.

Analysts expect Bitcoin, Solana SOL/USD, Ripple XRP/USD, and even Dogecoin DOGE/USD to perform well under his administration due to their association with narratives of financial inclusion, institutional adoption, and retail enthusiasm.

Aurelie Barthere, Principal Research Analyst at Nansen, added, "BTC, because of its ‘reserve currency’ narrative, and assets like SOL or XRP with US affiliations, could thrive under Trump."

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