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But once this hype fades, I wonder who could be the next president to have such a huge impact on the crypto community. Someone who could spark bullish speculation like what we’re experiencing now. It’ll likely be a leader with a strong stance on blockchain innovation, maybe someone who openly supports decentralized systems or sees crypto as a tool for economic growth. Any guesses?
There are only 2 presidents that comes to my mind when it comes to "Making Bitcoin bullish".
President of Russia, and the President of China.
Any similarities? 3 of them are superpower countries, and in terms of global influence, I believe the 3 of them are at the top especially US that's why we are seeing a huge effect on the price of Bitcoin and other top cryptocurrencies whenever Trump says something positive about it. Putin already had some statements regarding digital currencies, but nothing directly about Bitcoin in the past while President Xi Jinping will still ban crypto on his country.
We've seen countries like El Salvador and Bhutan buying Bitcoin, but that didn't have that much effect compared to US and Trump. There might be other people though that can make Bitcoin bullish, but not presidents.