Because he says (if he does we will see) that he will protect self custody, wants to mine as many Bitcoin as possible in the States and is against strong regulation like SEC did the past years.
There is even rumors he might add Bitcoin as a reserve asset. He will speak on the biggest Bitcoin conference soon in the USA, first president ever, along with Saylor and other Bitcoiners.
LOL
The belief in authority by normal people appears to be literally endless.
Bitcoin like every investable asset reacts upon certain events that might influence its environment etc. 🤷🏼♂️
So why is a Trump presidency good for Bitcoin? (As speculators See it)
Because he says (if he does we will see) that he will protect self custody, wants to mine as many Bitcoin as possible in the States and is against strong regulation like SEC did the past years.
There is even rumors he might add Bitcoin as a reserve asset. He will speak on the biggest Bitcoin conference soon in the USA, first president ever, along with Saylor and other Bitcoiners.
https://bitcoinmagazine.com/business/donald-trump-to-speak-at-bitcoin-2024-conference-in-nashville?utm_source=Klaviyo&utm_medium=campaign&_kx=R5qaIUoQik5yJI3X2A1ycNS4ePyL7puEKmEQWfCKLnw.RLfipm