
Trump's admin hints at treating Bitcoin like gold, with potential GDP and trade balance implications under review.
Polymarket gives 6% odds Trump announces Bitcoin reserve by day 100—speculation grows around a historic financial shift.
As President Donald Trump
Donald Trump
Donald J. Trump is a US-based entrepreneur, Pro-crypto Politician, and the 45th and 47th President of the United States of America. He understands the importance and needs of the modern fintech world, and people look up to him as a dominant pro-crypto leader.
Quick Facts
Full name Donald John Trump Birth 14-06-1946, New York, United States Nationality American Education BS from the University of Pennsylvania Known For Businessman, Pro-Crypto Politician
Once doubtful about Bitcoindominance, he said in a tweet in 2019, “I am not a fan of Bitcoin", but now has a significant amount of cryptocurrency holdings in his kitty. He has also signed an Executive Order to establish a Strategic Bitcoin Reserve, which highlights his commitment to the future of cryptocurrency.
Donald Trump - Career Highlights & Events
2016 – Elected as the 45th President of the United States from the Republican Party. 2017 – Signed the Tax Cuts and Jobs Act, impacting investment environments 2019 – Criticized Bitcoin and Libra on X, dubbing them as "not money" 2024 – Campaign signals potential openness to crypto-friendly reforms 2025 – Elected as the 47th President of the United States from the Republican Party.
A meme coin, $TRUMP, is associated with Donald Trump, which is listed on the Solana blockchain platform. His family also backs World Liberty Financial (WLF), a crypto venture.
President marks his first 100 days back in office with a rally hosted by Securing American Greatness, excitement is growing around whether he will take a historic step by officially adding Bitcoin to the United States’ financial reserves. According to prediction market Polymarket, there is currently a 6% chance that Trump will announce a Bitcoin reserve before the 100-day milestone ends tomorrow.
This speculation follows recent comments from U.S. Secretary of Commerce Howard Lutnick, who appeared on Bitcoin Magazine to discuss the administration’s evolving stance on digital assets. Lutnick opened up about a strong shift away from the previous administration’s restrictive approach to cryptocurrency, saying, “Under Biden, it was treated like you were doing something wrong… That’s over now.”
Treating Bitcoin Like Gold
Lutnick said that the Trump administration sees Bitcoin not as a currency, but as a commodity, similar to gold or oil. “There’s only so much of it,” he explained. “Bitcoin is like gold to me… It should be treated like a commodity.”
He added that once the U.S. formally accepts Bitcoin as a commodity, it could open the door for widespread use, including buying, selling, and holding it as an asset, just like gold. “No one stops someone from selling oil or gold,” he said. “Bitcoin should be the same.”
Potential Role in Trade and GDP
Lutnick also revealed that the Bureau of Economic Analysis is exploring the idea of treating Bitcoin similarly to gold in economic statistics, such as trade balances and GDP. While he didn’t confirm any official plans, he said it’s “a good idea” that is under consideration.
The Commerce Secretary emphasized the importance of making government data more transparent, hinting that new classifications could emerge to help Americans understand how Bitcoin fits into national economic metrics.
Strategic Bitcoin Reserve?
Although Lutnick didn’t confirm whether the U.S. already holds Bitcoin in a strategic reserve, he did mention that discussions are ongoing. “When the administration wants to come out with those answers, we will,” he said, but declined to provide details on holdings or key management.
He reiterated that Bitcoin remains on the administration’s agenda and praised Trump’s commitment to supporting the crypto community. “Trump promised to support Bitcoin, and he’s delivered,” Lutnick stated. “After tackling trade and global peace efforts, Bitcoin will definitely be back on the agenda.”
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