Quote from: retreat on July 23, 2024, 11:10:25 AM

Quote from: Mr Reporter on July 22, 2024, 05:21:05 PM

Guys what your take on this??

It is possible that for some investors they see this as positive news, because with Biden's resignation it makes Trump come forward as the strongest candidate, which we know that he came with good promises in the world of Bitcoin, and that made his way to becoming president became smoother and made investors more confident that he could become president and realize his promises. However, I'm not so sure that it can bring a bullrun, because to achieve a bullrun it can't only be achieved with Trump as president, but it must also be supported by other positive news, but it does provide positive things to the market.

Since Kamala Harris began running for the presidency of the United States instead of Biden, Trump's ratings have begun to fall sharply and his chances of becoming president again are becoming less and less every day. A new poll conducted July 22-24 and released Sunday showed Harris' approval rating ahead of Trump in Wisconsin by 2 percent, Pennsylvania by 3 percent, Minnesota by 8 percent, and in Michigan, Harris led Trump in favorability by a whopping 57 percent. against 47 percent, that is, by as much as 10 percent.
In just one week, Harris' overall favorability rose from 35 percent to 43 percent, while her distrust rating dropped from 46 percent to 42 percent.
https://www.dialog.ua/world/299072_1722330756.

In addition, Trump is not the only presidential candidate who has a positive attitude towards cryptocurrency. Sources of the Financial Times reported that members of the team of US Vice President Harris contacted major representatives of the crypto industry and indicated their intention to establish a positive dialogue with participants in the digital financial assets market and have already held negotiations on interaction with the largest American cryptocurrency exchange Coinbase, stablecoin issuing company Circle and blockchain payment operator Ripple Labs.
https://forum.bits.media/index.php?/topic/237167-financial-times-

In any case, this is very good for the cryptocurrency market, as long as the presidential candidates do not forget about it when they take office.