Quote from: Josefjix on Today at 07:07:50 AM

Quote from: platinumsteel2016 on Today at 02:22:35 AM

Is Bitcoin in trouble or under new regulate now that Trump will be President...I have heard that there is some new crypto that he and Elon
are trying to push. I must admit that bitcoin value did rise once Trump won the election. Can anyone provide some clarification?

One of the reason why bitcoin was able to break through the last high high now turn to high low at $73,388 was expectations all over the world that Trump has been projected to win the president election on 5th, November, 2024. Trump has shifted his position on bitcoin over time. Initially, he described bitcoin a threat to the US dollar and said that it was based on "thin air." However, more recently, he has embraced bitcoin and cryptocurrency space. In September 2024 , Trump with his sons lauchlan a new venture which is called WLFI , which is described as a decentralized finance (defi) money market platform. This launched of the platform change Trump from passive support to currently an active supporter of cryptocurrency.

Yeah, Trump used some rhetorics to get people rallied about BTC in a way, and that's no wonder - it's a great point to make many enthusiasts see a messiah for crypto in his image.
The question is would he deliver on what he promised.