Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Saylor’s poll draws 100K votes backing Trump as BTC advocate

Saylor’s poll draws 100K votes backing Trump as BTC advocate

GrafaGrafa2024/10/29 17:00
By:Isaac Francis

Microstrategy’s executive chairman, Michael Saylor, conducted a poll on social media platform X, which attracted over 100,000 votes and revealed strong support for Donald Trump as the favored presidential candidate among Bitcoin (CRYPTO:BTC) advocates. 

The poll asked followers to choose between Trump and Vice President Kamala Harris in terms of their potential impact on Bitcoin. 

The results showed a clear preference, with 90.9% of respondents backing Trump over Harris.

The poll also garnered significant engagement, amassing 1.4K comments, 1.8K reposts, and 6.2K likes, reaching over 558,000 views. 

Trump has positioned himself as a pro-crypto candidate, promising to remove SEC Chairman Gary Gensler if elected and committing to support Bitcoin and the broader digital asset industry. 

Trump has further cemented his crypto stance with the release of several NFT collections and a crypto project backed by his family.

In contrast, Vice President Kamala Harris has not openly expressed her stance on digital assets, instead supporting increased regulatory measures. 

The current Biden-Harris administration, led by Gensler’s SEC, has taken a strict regulatory approach toward the crypto industry, often focusing on enforcement.

Trump’s rising favorability in prediction markets like Polymarket has drawn attention from analysts, with some suggesting his return could boost Bitcoin prices. 

Analysts at Standard Chartered forecast a possible surge in Bitcoin’s value to $73,000 by Election Day if Trump is re-elected.

At the time of reporting, the Bitcoin price was $71,201.58.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Tornado Cash co-founder’s money laundering trial postponed to April 2025

Share link:In this post: On November 1, Judge Katherine Polk Failla rescheduled the next Storm’s trial to April 14, 2025. Storm’s defense has challenged the court’s trial postponement, going as far as filing a mandamus petition with the U.S. Court of Appeals for the Second Circuit. Roman Storm is charged with three counts: conspiracy to commit money laundering, conspiracy to commit sanctions violations, and conspiracy to operate an unlicensed money-transmitting business.

Cryptopolitan2024/11/02 15:22