Trump effect becomes the trump card for Bitcoin price increase? Cuban reveals the truth behind the operation of Silicon Valley bigwigs!

Cuban's bold guess

On social media X, Cuban bluntly said that Silicon Valley bigwigs' support for Trump may not be based on their sincere agreement with his cryptocurrency stance, but rather on the opportunity to "push up" Bitcoin that Trump's policies may bring!

Although Trump's cryptocurrency-friendly stance has its positive effects, Cuban believes that such support may not immediately drive up cryptocurrency prices. The real "fuel" may come from potential policy changes by the SEC, low tax rates, and possible inflation, which are the real forces driving Bitcoin prices.

Bitcoin's safe haven dream

Cuban also pointed out that global concerns about the US dollar and geopolitical uncertainties have made Bitcoin a global "safe haven" currency. Imagine how high the price of Bitcoin might soar if the US dollar's status is shaken? Cuban said: "Much higher than you think!"

Bitcoin's global impact

Cuban added that the dream of Bitcoin as a global currency has begun to emerge in some countries, especially in those fighting hyperinflation. This trend is particularly evident.

Support from Silicon Valley bigwigs

As Trump announced JD Vance as his running mate, Silicon Valley conservatives and crypto industry bigwigs also expressed their support. Among them, Kraken's Jesse Powell, Gemini's Winklevoss brothers, and Ark Invest's Cathie Wood and other celebrities have praised Trump's stance on cryptocurrency.

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