Bitcoin traders see momentum building behind Donald Trump’s presidential campaign after surviving an assassination attempt in Butler, Pa., on Saturday that seems to almost make his election in 2024 inevitable.
Trump is seen as this election’s pro-crypto candidate, despite calling cryptocurrencies while in office a “disaster waiting to happen.”
But he has since evolved and once told an audience that he will keep Sen. Elizabeth Warren, D-Mass., and her “goons” away from regulating bitcoin.
“I will ensure that the future of crypto and #Bitcoin will be made in the USA,” Trump said in May. “I will support the right to self custody to the nations 50 million crypto holders”
Trump also announced that he will attend a bitcoin conference later this month in Nashville.
The former president tapped Sen. J.D. Vance as his running mate today. Vance is also seen as a crypto enthusiast. He owns between $100,001 and $250,000 in bitcoin, as of 2022, according to The Block.