Potential Trump Victory Could Boost Bitcoin (BTC) Value, Predicts Standard Chartered
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- British banking giant, Standard Chartered, predicts a potential boost for Bitcoin if Donald Trump wins the upcoming US Presidential election.
- According to the bank’s digital assets researcher, Geoffrey Kendrick, a second Trump administration would likely be less strict on Bitcoin than a potential Biden administration.
- Trump, who was previously known for his anti-crypto stance, has recently shown a more favorable attitude towards digital assets.
Standard Chartered predicts a potential Bitcoin boom if Donald Trump secures a second term as US President, citing a likely softer stance on digital assets compared to a Biden administration.
Trump’s Shift Towards Crypto
Donald Trump, who was once known for his anti-crypto stance, has recently shown a more favorable attitude towards Bitcoin and other digital assets. In a March interview, the former US President stated that he had enjoyed making money and experimenting with cryptocurrencies. “I make money with it, I have fun with it too,” he said. “Crazy new currencies, that’s what I call them. They’re crazy new currencies, whether i... Read the full article for FREE at COINOTAG!
