In this edition of the Bloomberg Crypto newsletter, David Pan examines how Donald Trump hit the campaign trail again and discovered a newfound love of crypto.
Investors are adding to bullish wagers on crypto after a failed assassination attempted boosted speculation that Donald Trump is more likely to win the US presidential election in November.
The candidate’s pro-crypto position strikes a stark contract with the current administration’s crackdown on just about every type of company in the industry, ranging from digital-asset trading platforms and their banking partners to Bitcoin miners. In fact, it’s a stark contrast from Trump’s own position when he was president.
Source link
David Pan
https://www.bloomberg.com/news/newsletters/2024-07-16/trump-emerges-as-new-fuel-for-crypto-hype-machine
2024-07-16 07:00:00
