During a recent campaign rally speech in West Palm Beach, Florida, U.S. President Donald J. Trump furthered his pro-Bitcoin stance stating, “We will ensure that the future of crypto, and the future of bitcoin will be made in America. We’re going to keep it right here, and a lot of it is going to be done right here in Florida.”
#Bitcoin is in the national interest. pic.twitter.com/ncRJnfnjMc
— Michael Saylor⚡️ (@saylor) June 15, 2024
This comes amid a recent report of U.S. President Joe Biden’s campaign considering accepting crypto donations through Coinbase Commerce. The cryptocurrency and Bitcoin rhetoric is heating up in the presidential campaigning with many bitcoiners agreeing they will vote for Trump no matter what, now that Donald Trump is fully committed to Bitcoin’s adoption. Some blaming the likes of Senator Elizabeth Warren (D-MA) and U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler for their apparent anti-crypto crusades. Trump called out Elizabeth Warren and her “goons” in a speech to the Libertarian Party in Washington D.C.
The U.S. Presidential election effects on the price of Bitcoin are yet to be fully seen during the current post-halving bitcoin price cycle.