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Amsterdam
26 February 2024
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Bitcoin

BITCOIN’S BIGGEST BULLISH CATALYST IS DONALD TRUMP; HERE’S WHY

  • Bitcoin is least bearish ahead of the US presidential election in November, according to Capriole Investments’ Co-Founder Charles Edwards.
  • He said Tuesday that Donald Trump might attempt to tout the ongoing stock market rally for potential reelection.
  • That may prompt him to continue their existing fiscal stimulus programs to keep the significant market indexes happy.

Bitcoin traders want a supersonic bull run. Meanwhile, Donald Trump wants to win the next US presidential election. They both have only one means to achieve what they want: a lot of cash.

At least that is what Charles Edwards conveys through his Tuesday tweet. The co-founder of Capriol Investments, a crypto-focused investment firm, stated that Trump might end up benefiting Bitcoin as he desperately attempts to get re-elected in November.

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