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Snapshot 1:Tue, Nov 12, 2024 3:03:21 PM GMT last edited by Brian

Bitcoin Almost Hits $90K Amid Trump Influence

Image copyright: Avishek Das/Contributor/SOPA Images/LightRocket via Getty Images

The Facts


    The Spin

    Crypto is the currency of freedom-loving Americans, which is why the market has been on team Trump for months. While Trump uses crypto himself and wants to empower the rest of the country to do so, Harris symbolized the left-wing establishment that hates the idea of decentralized currency. The Federal Reserve won't be able to ruin this financial revolution so long as Trump is in charge.

    Trump's approach to the entire economy is to prioritize short-term gains over long-term stability. Just as his plans to cut taxes and reduce regulations will increase deficits, fuel inflation, and leave everyday consumers at the mercy of corporations, his lax stance on crypto risks opening the door for speculative bubbles and scams. Trump cares about his corporate buddies, not the average American worker.


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