President Trump announced plans for the U.S. to become the world capital for crypto and Bitcoin. Bitcoin above $60,000 on April 19 is at 99.9% YES.
Trump’s statement follows his administration’s pro-crypto actions, which include dropping SEC lawsuits against major crypto firms and developing a Strategic Bitcoin Reserve. The market for Bitcoin above $60,000 on April 19 sits at 99.9% YES, unchanged over the past 24 hours. The lack of movement suggests traders had already priced in the administration’s crypto-friendly policies before this announcement.
The broader April market shows 99.9% YES for April 19. Other sub-markets for different April dates maintain equally high odds, indicating strong consensus that Bitcoin will hold above this threshold.
Combined 24-hour volume is $24,500 face value, with $19,590 in actual USDC traded. That level of volume means relatively little capital is needed to move the price. The largest recent price move was negligible. A YES share priced at 99.9¢ offers almost no upside but reflects near-total market agreement on where Bitcoin sits relative to $60,000.
Watch for announcements from Jerome Powell and Gary Gensler. Shifts in U.S. crypto regulation or geopolitical developments could affect Bitcoin’s price and move these markets, particularly the sub-markets for later April dates where there is marginally more room for price movement.
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Source: https://cryptobriefing.com/trump-aims-to-make-us-world-capital-for-crypto-bitcoin-above-60k-april-19/
