- 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.