Barrons: Trumps participation in Bitcoin conference aims to raise funds for his campaign
Odaily2024/07/26 07:37
By:Odaily
Odaily News Barrons published an article saying that everything Trump did around the Bitcoin 2024 conference was to get campaign donations. The article stated that some Bitcoin investors believe that Trump will make a major announcement at this conference, such as supporting the US government to
buy Bitcoin as a strategic reserve asset similar to foreign currency or oil. But this move requires a legislative process, which means it is almost impossible to achieve it quickly. Although Trumps approval of this or any other narrative supporting
cryptocurrency will definitely have a positive impact on prices.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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