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Bitcoin exceeded $70 thousand after Trump's performing


七月, 29 2024
watermark Economic news

US presidential candidate and former President Donald Trump said that if elected, he would make the United States a «bitcoin superpower» and the «crypto capital» of the world. He announced this at a bitcoin conference in Nashville.


Trump promised that if he returned to the White House, the federal government would not sell its bitcoin assets. In his speech, the former president stressed that the Republican Party is increasingly supporting cryptocurrency, in contrast to the tough approach to regulation, which, according to him, is practiced by the administration of incumbent President Joe Biden.


Trump also promised to put an end to the «anti-currency crusade» of Biden and Vice President Kamala Harris and fire the chairman of the Securities and Exchange Commission (SEC) on the first day of his return to power.


This speech by Trump was a «180 degree reversal», as he had previously criticized bitcoin during his presidency. In 2019, he stated that he was «not a fan» of bitcoins and other cryptocurrencies and called digital currencies a scam. He explained his dislike by the fact that the cryptocurrency competes with the dollar.


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外汇本质上有高度的投机性和复杂性,可能并不适合所有投资者。 外汇交易可能会带来重大的收益或损失。 因此,建议您不要承担无法承受的损失。 在使用ForexMart提供的服务之前,请确认外汇交易相关联的风险。 必要时寻求独立的财务意见。请注意,过去的业绩和预测都不是未来结果的可靠指标。