Trump’s Crypto Reserve Plan Faces Major Public Backlash

Trumps Crypto Reserve Plan Faces Major Public Backlash

Poll Shows Americans Reject National Crypto Holdings

A groundbreaking poll has revealed that 51% of Americans oppose President Trump’s controversial push for a national cryptocurrency strategic reserve, highlighting a significant disconnect between political leadership and public sentiment on digital asset adoption.

The survey, conducted by Data for Progress between March 8-10, 2025, sampled 1,169 American voters following Trump’s executive order establishing the US Strategic Bitcoin Reserve. The results paint a clear picture of public skepticism toward government cryptocurrency investments.

Key Survey Findings:

  • 51% oppose the crypto strategic reserve initiative
  • 34% support the government’s crypto holdings plan
  • 59% of Democrats reject the proposal
  • Republican voters are split (41% in favor, 40% against)

Broader Cryptocurrency Funding Concerns

The survey revealed deeper concerns about federal cryptocurrency spending:

  • 45% want to reduce federal crypto/blockchain funding
  • 29% prefer maintaining current spending levels
  • Only 10% support increased funding

SPONSORED

Trade Bitcoin with up to 100x leverage on the most advanced crypto derivatives platform

Trade Now on Defx

Market Implications

The widespread opposition to government crypto investments could have significant implications for digital asset markets. Analysts suggest this public sentiment might influence future cryptocurrency regulations and institutional adoption rates.

Political Divide Analysis

The partisan breakdown reveals interesting patterns:

  • Democrats: 52% want decreased funding, 26% maintain current levels
  • Republicans: More divided with 36% favoring cuts, 31% maintaining levels
  • Independents: 56% oppose the strategic reserve

Market experts suggest this political division could impact future cryptocurrency legislation and government initiatives. The lack of broad public support might force policymakers to reconsider their approach to digital asset integration into national financial strategy.

Source: Data for Progress Survey Report