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Bitcoin price is searching for a new daily low as the article is being prepared, and this decline is not good just a few hours before the daily close. If there is no strong recovery, BTC could drop to $63,000 and below with the opening of Asian markets due to geopolitical tensions. A few minutes ago, Eleanor Terrett made an important statement.
Too Late for Crypto
Trump made extremely positive statements about cryptocurrencies a few days ago on Saturday. Harris was also supposed to attend this speech, but it was canceled. Democrats need to do something against Trump, who made very ambitious promises about crypto. The latest statement was that there would be a “reset.” The new Democratic Party says they will do something and that the perception of their anti-crypto stance (although they think it’s just a perception, investors have known what they’ve been through for years) will change.
Eleanor Terrett wrote that Republican Senator Bill Hagerty told her the following;
“After witnessing President Trump’s tremendous success with Bitcoin in Nashville, Kamala Harris’s last-minute U-turn attempt to appear pro-crypto – like on many other issues – is not surprising. Unfortunately, what’s done is done. The Biden-Harris administration has implemented anti-crypto and anti-innovation policies. The crypto community, which shares the Republican Party’s values of freedom and innovation, is aware of this, and that’s why we saw such enthusiastic participation for President Trump at Bitcoin Nashville 2024. The Republican Party is the party of crypto, and Kamala Harris‘s recent efforts will not change that.”
