A Donald Trump presidency would be "bearish memecoins" as they are a "form of economic populism and a statement against the unfair," a professor claims.
With less than three weeks until the U.S. presidential election, traders are positioning themselves for what’s to come after Nov. 5 and how a new administration will respond to factors affecting financial markets, including crypto.
According to a 2024 analysis by the Federal Reserve, 7% of adults in the United States currently hold or have used crypto in the past.
Republicans are way ahead of Democrats regarding their opinion of crypto and bitcoin {{BTC}}, said MicroStrategy (MSTR) Executive Chairman Michael Saylor.
Traders on the crypto-based prediction market now see a 29% chance that the Ohio Republican will be former President Trump’s running mate, up from 14% a week ago.
Former United States President Donald Trump claims he is "very open minded" to "all things related to this new and burgeoning industry."