US declared ‘crypto capital of the world’ by CFTC chair Mike Selig

CFTC Chair Mike Selig has declared the United States the “crypto capital of the world,” citing a pro-crypto shift under the Trump administration. Bitcoin maintaining a price above $66,000 on April 25 is at 99.9% YES.

Selig’s statement follows the US’s recent regulatory pivot, including the GENIUS Act and the strategic Bitcoin reserve initiative. Bitcoin price predictions for April 25 sit at 99.9%, unchanged over the past 24 hours, with over $369,526 in USDC traded.

The wider April market, which asks whether Bitcoin will dip to $60,000 before April 30, also leans against a drop. Specific odds for the April 30 resolution aren’t directly available, but current sentiment points to a low probability of Bitcoin falling below $60,000 as regulatory support firms up.

Trading volume for the April 25 market is at $92,382 in daily USDC turnover. The near-certain odds mean buying YES at 99.9¢ offers almost no upside, but traders are pricing in stable or rising Bitcoin prices given US policy direction and institutional involvement from actors like BlackRock.

Selig’s declaration matters because it could reinforce bullish sentiment if followed by concrete action. The Clarity Act’s anticipated passage would add another layer of regulatory support. For traders, the immediate April targets are largely priced in, so the real question is whether this policy environment pushes Bitcoin higher on longer time horizons.

Watch for further US regulatory announcements or major institutional moves, particularly around BlackRock’s Bitcoin strategies, which could act as catalysts for price movement.

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