Bitcoin miners and cryptocurrency companies, whose efforts to go public in the United States have been hampered, will be the biggest winners in the world of digital assets under a second Donald Trump presidency, the agency said.
Foreign companies, at risk of losing market share, are the biggest losers from a Trump presidency.
This is the prevailing view among market participants and observers in the wake of the former US president adopting a policy supporting cryptocurrencies, and a poll published by CBS News a few days ago showed that Trump has a majority of 52% of potential voters in the presidential race.
“Almost everyone in the United States will be a winner if they are willing to play by the new rules when they are implemented,” said Christian Catalini, founder of the MIT Crypto Lab.
Gold prices rose in trading yesterday, Monday, after US President Joe Biden announced his withdrawal from the presidential election race.
Bitcoin, the world’s most popular cryptocurrency, rose by 0.55% to $67,220.80 by 11:10 Moscow time, according to data from the CoinDesk cryptocurrency platform.
The rise of Bitcoin came because former US President Donald Trump is a supporter of cryptocurrencies, including Bitcoin.
Source: Bloomberg
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2024-07-23 09:15:57