"Trump's Return: Bitcoin's Next Spring?

Speaking of the reasons for this round of rise, we have to mention TrumpTrade. In order to attract more young votes in the currency circle, especially members of the cryptocurrency community, Republican candidate Trump has clearly expressed his support for cryptocurrency.

In early June, Trump met with leaders of several Bitcoin mining companies at Mar-a-Lago, not only expressing his support for cryptocurrency, but also promising that if he is re-elected president, he will become an advocate of the cryptocurrency mining industry and ensure that the remaining Bitcoins are "Made in the USA".

The latest news shows that Trump plans to attend the end of next month

Bernstein analysts Gautam Chhugani and Mahika Sapra pointed out in a report that as the prospects of the Republican Party improve, the party is increasingly inclined to support cryptocurrency. They believe that Republicans see a friendly stance on the cryptocurrency industry as the key to winning voter and financial support.

The report wrote: "The Republican Party not only sees cryptocurrency as an important voter group, but also sees it as a meaningful source of funds. If the election sentiment leans towards the Republican Party, cryptocurrency will eventually become the main beneficiary of the 'Trump market'. "

This view is further reinforced by Standard Chartered Bank's forecast. They predict that as the US election approaches, the price of Bitcoin may reach $100,000. If Trump is successfully re-elected, the price of Bitcoin may even soar to $150,000.#以太坊ETF批准预期 $BTC