ChainCatcher news, according to the prediction market Polymarket data, Trump has a 32% chance of establishing a U.S. national BTC reserve, down 27% from November 7.

Earlier, Galaxy Digital CEO Michael Novogratz said in an interview with Bloomberg that he believed the possibility of the United States establishing a strategic Bitcoin reserve was low.

But he predicted that if the United States did establish such an inventory, it would push the price of the largest digital token to $500,000 because other countries would also feel the need to establish similar inventories.