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International Business Times
International Business Times
Business
Marvie Basilan

$BTC May Plunge Further As Poll Reveals Most Americans Oppose Trump's Bitcoin Reserve

On Polymarket, Bitcoin is expected to settle at around $75,000 by the end of March amid weak developments around the cryptocurrency in recent days. (Credit: André François McKenzie/Unsplash)

KEY POINTS

  • Recent polling showed that 51% of American voters are against a strategic Bitcoin reserve
  • Only 10% of US voters believe crypto and blockchain growth funding should be increased
  • Polymarket bettors believe there is a 32% chance $BTC will fall to $75,000 by month-end
  • There is only a 1% chance Bitcoin prices will surge to $130,000 by the end of the month: Polymarket bettors

A growing number of cryptocurrency users are starting to believe that Bitcoin is only headed further down after recent polling showed over half of Americans are against President Donald Trump's strategic reserve.

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