Bad times for the crypto ecosystem! Donald Trump, former President of the United States, officially announces his candidacy for the 2024 presidential elections. the area.
USA, what future for cryptos with Donald Trump?
One thing is certain, Donald Trump’s announcement shakes many Republicans, but not only! During an event at Mar-a-Lago, his club in Florida, the former president of the United States announced his candidacy for the 2024 presidential elections. After his clash against Biden in 2020, Trump intends to face him again, and why not, hope for a different outcome.
Although he affirms that it is time to restore his glory and his prosperity to America, many people do not see his initiative in a good light. Indeed, Trump and his associates face numerous investigations. Among other things, a federal and state investigation into efforts to overturn the results of the 2020 presidential election. The latter allegedly claimed the election was rigged.
However, he provided no evidence to back up his claims. He is also the subject of an investigation into the poor document management ultra-sensitive. However, these reasons are not the only ones why a coronation of Donald Trump would be a disaster. In addition to a particularly disappointing midterm result for the party, Cynthia Lummis believes he is largely responsible for this failure.
Remember that the senator is a big fan of cryptocurrencies, and a second term for Trump does not bode well for the sector. From his own statements in 2019, he is not a fan of bitcoin (BTC) and all other assets. Recently he said that crypto technology is a scam. However, most associates entered the sector after leaving government.
Despite all the obstacles to his candidacy, Trump is determined to go through with it. He will likely start a Republican primary as the de facto frontrunner. However, if the latter achieves its goal, no one knows what will happen to cryptos in the USA.
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