US Presidential candidate Donald Trump, who gained great support with his Bitcoin (BTC) and cryptocurrency-friendly statements, promised to make Bitcoin the official strategic reserve currency of the USA at the Bitcoin2024 conference held in Nashville.
Donald Trump's son Eric Trump also made a new post supporting cryptocurrencies.
Donald Trump's son, Eric Trump, expressed his deep interest in cryptocurrencies and decentralized finance (DeFi) in his X post, signaling that an announcement on the subject will be made soon.
“I've really fallen in love with Crypto/DeFi. Stay tuned for a big announcement…”
This statement by Trump's son was interpreted as a sign that both candidates seem eager to increase competition in the cryptocurrency industry before the US elections in November.
At this point, Trump announced his plans to have an interview with Tesla CEO Elon Musk, one of the important actors of the cryptocurrency industry.
*This is not investment advice.