Pro-Bitcoin Demographic Will Boost Trump's Vote Share By At Least 1%, Predicts Vivek Ramaswamy
Portfolio Pulse from Aniket Verma
Vivek Ramaswamy predicts a 1% boost in Donald Trump's vote share due to his support for Bitcoin and the cryptocurrency industry. Trump made significant pro-crypto promises at the Bitcoin 2024 conference, including firing SEC Chair Gary Gensler and opposing Central Bank Digital Currencies. Bitcoin's price rose 3.49% following these developments.
July 29, 2024 | 6:25 am
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Bitcoin's price increased by 3.49% following Trump's pro-crypto promises at the Bitcoin 2024 conference, including firing SEC Chair Gary Gensler and opposing Central Bank Digital Currencies.
Trump's strong pro-crypto stance and promises to oppose CBDCs and fire SEC Chair Gary Gensler are likely to boost investor confidence in Bitcoin, leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100