Bitcoin and Crypto's Major Moment in US Presidential Race after Trump;s 2024 Conference

July 31, 2024 July 31, 2024

The US moved $2 billion in Silk Road Bitcoin to a new wallet, fueling crypto political debate.

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Bitcoin's price fell over 2% to $66,845 following the news. Crypto figures like Winklevoss and Novogratz express concerns.

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Trump supports Bitcoin, contrasting with Biden’s actions. RFK Jr. backs Bitcoin; Harris faces crypto industry criticism.

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Is the increasing political attention on crypto an indication of its financial power and will affect the US election?

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