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  • ๏ปฟAnjali Belgaumkar
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    Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto โ€œEnthusiastโ€ but trust me I'm getting there.

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Will Donald Trump Create a Bitcoin Reserve Tomorrow?

Story Highlights
  • 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 100โ€”speculation grows around a historic financial shift.

As President Donald Trump 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 Statesโ€™ 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 administrationโ€™s evolving stance on digital assets. Lutnick opened up about a strong shift away from the previous administrationโ€™s restrictive approach to cryptocurrency, saying, โ€œUnder Biden, it was treated like you were doing something wrongโ€ฆ Thatโ€™s over now.โ€

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. โ€œThereโ€™s only so much of it,โ€ he explained. โ€œBitcoin is like gold to meโ€ฆ It should be treated like a commodity.โ€

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. โ€œNo one stops someone from selling oil or gold,โ€ he said. โ€œBitcoin should be the same.โ€

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 didnโ€™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 didnโ€™t confirm whether the U.S. already holds Bitcoin in a strategic reserve, he did mention that discussions are ongoing. โ€œWhen the administration wants to come out with those answers, we will,โ€ he said, but declined to provide details on holdings or key management.

He reiterated that Bitcoin remains on the administrationโ€™s agenda and praised Trumpโ€™s commitment to supporting the crypto community. โ€œTrump promised to support Bitcoin, and heโ€™s delivered,โ€ Lutnick stated. โ€œAfter tackling trade and global peace efforts, Bitcoin will definitely be back on the agenda.โ€

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