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Saylor’s poll draws 100K votes backing Trump as BTC advocate

Saylor’s poll draws 100K votes backing Trump as BTC advocate

Grafa2024/10/29 17:00
By: Isaac Francis
BTC-0.31%XOLDTOKEN0.00%NFT+0.04%

Microstrategy’s executive chairman, Michael Saylor, conducted a poll on social media platform X, which attracted over 100,000 votes and revealed strong support for Donald Trump as the favored presidential candidate among Bitcoin (CRYPTO:BTC) advocates. 

The poll asked followers to choose between Trump and Vice President Kamala Harris in terms of their potential impact on Bitcoin. 

The results showed a clear preference, with 90.9% of respondents backing Trump over Harris.

The poll also garnered significant engagement, amassing 1.4K comments, 1.8K reposts, and 6.2K likes, reaching over 558,000 views. 

Trump has positioned himself as a pro-crypto candidate, promising to remove SEC Chairman Gary Gensler if elected and committing to support Bitcoin and the broader digital asset industry. 

Trump has further cemented his crypto stance with the release of several NFT collections and a crypto project backed by his family.

In contrast, Vice President Kamala Harris has not openly expressed her stance on digital assets, instead supporting increased regulatory measures. 

The current Biden-Harris administration, led by Gensler’s SEC, has taken a strict regulatory approach toward the crypto industry, often focusing on enforcement.

Trump’s rising favorability in prediction markets like Polymarket has drawn attention from analysts, with some suggesting his return could boost Bitcoin prices. 

Analysts at Standard Chartered forecast a possible surge in Bitcoin’s value to $73,000 by Election Day if Trump is re-elected.

At the time of reporting, the Bitcoin price was $71,201.58.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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