
As the 2024 U.S. presidential election approaches, a significant new voting bloc is emerging: crypto owners. Recent research commissioned by Coinbase highlights the potential influence of this demographic, which is largely composed of Gen Z and Millennials, with 65% falling into these age groups. Crypto voters are set to make waves in key battleground states, with 1 in 6 living in pivotal swing states. Notably, 9 out of 10 crypto voters are committed to voting, with 35% supporting Democrats, 34% backing Republicans, and 31% remaining undecided. The crypto industry is betting that a Trump win will boost their business, with Trump's campaign now accepting crypto donations and pledging to end Biden's anti-crypto policies. Senator Bill Hagerty has emphasized Trump's pro-crypto stance, calling it a defining issue for the November election. In contrast, President Joe Biden has been less favorable towards the cryptocurrency industry. Arthur Hayes, Bitcoin billionaire and BitMEX founder, warned traders not to believe Trump's crypto promises but acknowledged that crypto voters could sway the election. Additionally, 83% of crypto voters favor candidates with clear regulatory crypto frameworks.
“As Trump vies for the presidency, his backing of Bitcoin contrasts sharply with the stance of his opponent, President Joe Biden, who has been less favorable towards the cryptocurrency industry. With Biden yet to confirm his participation at Bitcoin 2024, the event may highlight… https://t.co/RWHbIHxMQQ
SENATOR HAGERTY ON CRYPTO UNDER TRUMP 2.0 Senator Bill Hagerty (R-TN) emphasizes Trump’s pro-crypto stance, calling it a defining issue for the November election. Trump’s campaign now accepts crypto donations, pledging to end Biden’s anti-crypto policies. Hagerty criticizes… https://t.co/GCv3oaCnNL
TRUMP: THE CRYPTO KING RETURNS? Senator Bill Hagerty spills the deets on Trump’s crypto love. Trump’s campaign is now taking crypto donations, and he’s ready to nuke Biden’s anti-crypto vibes. Hagerty claims, “We see crypto as a defining issue in the election this November.” He… https://t.co/WAIx6dXxZk




