Opinion: Trump's encryption promise may mean that the short-term BTC price is closely related to the outcome of the US presidential election in November.

Jefferies, an investment bank, reported that Donald Trump's Cryptocurrency commitment could mean that the short-term BTC price is closely related to the result of the November U.S. presidential election. At the BTC 2024 conference held in Nashville on Saturday, Trump pledged to include BTC in the U.S. strategic reserve and never sell the BTC confiscated by the U.S. government.

BTC1.77%
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