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A Financial Times report suggests that a victory for Donald Trump in the U.S. presidential election could spark a Bitcoin rally in late 2024. The report cited Trump’s public support for the crypto industry and engagement with the technology as potential catalysts for a Bitcoin surge if he wins. Some crypto investors are backing the former president’s re-election campaign, aligning with his pro-crypto stance. Trump has even dubbed himself the “crypto president” and pledged to support the digital asset industry if re-elected. He claims his election would usher in a new era of crypto in finance.
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Exciting news for Bitcoin investors if Trump wins in 2024! His support for the crypto industry could indeed lead to a significant rally. Interesting to see how political dynamics can impact the cryptocurrency market. Will Trump truly become the "crypto president"? Only time will tell.
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