Analysis: Polymarket data indicates that the market believes the Trump administration is unlikely to create a Bitcoin strategic reserve in the first three months

ChainCatcher news, according to Coindesk, Polymarket bettors are skeptical about the possibility of the U.S. creating a strategic Bitcoin (BTC) reserve within the first 100 days of the Trump administration, estimating the likelihood at only 16%.

Although crypto czar David Sacks stated that discussions are ongoing, the related bill submitted by Wyoming Republican Senator Cynthia Lummis is unrelated to White House actions. Additionally, Texas is also advancing its own strategic BTC reserve plan, with bettors estimating a 53% chance that the state will pass the relevant legislation by 2025.