Donald Trump is making waves in the world of cryptocurrency. The former president and current presidential candidate has seen his crypto holdings soar past $10 million, according to Arkham Intelligence. And that’s not all – Trump is now openly embracing Bitcoin and other digital assets as part of his 2024 campaign strategy.
It’s a far cry from his days in the White House when he expressed skepticism about Bitcoin. These days, Trump is all in on crypto. He’s pledging to support the industry, protect it from the Biden administration’s regulatory crackdown and ensure that the future of Bitcoin is made right here in the USA.
Trump’s campaign is even accepting donations in cryptocurrency through Coinbase. It’s a bold move that sets him apart from his rival, President Biden, who has taken a much harder line on digital assets.
But Trump isn’t just talking the talk. He’s walking the walk too. His crypto holdings are largely comprised of the TRUMP coin, a meme coin that skyrocketed in value after he spoke out in favor of cryptocurrency at the Libertarian National Convention.
Analysts are taking notice. Some, like Standard Chartered Bank, believe that a second Trump term could be a major boon for the crypto industry.
As the 2024 race heats up, one thing is clear: with Trump in the mix, cryptocurrency is going to be a hot topic on the campaign trail. And with his holdings now topping $10 million, it’s clear that the former president is putting his money where his mouth is.
