PakGazette – Anthony Pompliano, a renowned venture capitalist, podcaster and Bitcoiner, has shared data showing that the probability, or rather the expectations, that the new president of the United States will build a strategic reserve for the country in 2025 have experienced a drastic increase.
This tweet was posted as Bitcoin briefly rose to touch the $106,000 price mark. A slight pullback followed, and the world’s largest cryptocurrency by market cap size is now changing hands at $103,120 per coin. This constitutes a drop of 2.71% in several hours today.
Bitcoin Reserve Probability Increases to 70%
In the last 24 hours, Bitcoin price has increased by approximately 4%, getting very close to the $106,000 level and demonstrating a 16.90% increase over the past week, from $90,660 to $105,932.
It happened while there was speculation about the new presidential administration in the US and the newly elected political leader’s plans to greenlight the creation of a strategic BTC reserve for the country and begin building it this year.
According to a screenshot of Kalshi’s betting market, the probability of this happening has reached an all-time high of 70%.
Another key factor that has raised the price of Bitcoin to that level is the proximity of Donald Trump’s inauguration day, which will be January 20, Monday of next week.
The US government could sell 70,000 BTC
As previously reported, the US Department of Justice (DOJ) recently received permission from the court to sell the 69,370 BTC seized from a Silk Road hacker in 2020.
The sale has not happened yet, but it could result in the US government getting $7,152,699,078 in exchange for this cryptocurrency. However, many cryptocurrency fans hope that the newly elected US President Donald Trump will prevent the possible sale and preserve that huge amount of Bitcoin for the strategic reserve he plans to build.
