What makes Donald Trump the reason BTC hits the $100k mark?
Former US President Donald Trump declared "Our country must lead in this field, there is no second place" on Truth Social on May 25. He also expressed positivity and openness towards crypto companies and this growing sector, and vowed to take on President Joe Biden in the 2024 election.
Trump's aggressive approach towards cryptocurrency has increased expectations in the industry. According to Polymarket, Trump's chance of winning the election is 56%, while Joe Biden's is 38%. Additionally, the Trump 2024 campaign has announced it will accept cryptocurrency donations through Coinbase Commerce, starting May 21.
Trump is also known for meeting with cryptocurrency enthusiasts. Cointelegraph reports that buyers of Trump's "Mugshot" NFT were given the opportunity to dine with him at Mar-a-Lago on May 8. The dinner was part of a deal to purchase the digital artwork that included image of Trump when he surrendered at the Fulton County Jail in Georgia.
Proving that he is very interested in cryptocurrencies, there is a high possibility that in the future, Bitcoin will be in his investment portfolio!
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