- Trump’s criticism of Bukele and El Salvador is sparking controversy among Bitcoin proponents.
- Despite recent controversies, Trump remains the leader in Polymarket forecasts.
The latest developments indicate that former President Donald Trump is gaining momentum in the upcoming US elections. However, a recent comment could influence his appeal to El Salvador voters.
Trump’s controversial comment
On July 18, he spoke at the Republican National Convention: Trump criticized The Bitcoin of El Salvador [BTC] backs President Nayib Bukele and accuses the country of ‘dumping criminals’ in the US
“Crime rates in El Salvador are down 70% because they dump all their criminals here.”
Here, Trump criticizes President Bukele’s methods of dealing with criminals, questioning the effectiveness of their rehabilitation efforts.
He also suggests that the reported decline in homicide rates in El Salvador can be attributed to the export of these criminals to the US, rather than real improvements within the country.
This comment has sparked significant controversy among BTC proponents and political analysts, and could potentially sway Trump’s support base.
Trump receives a lot of criticism
Criticism of Trump’s view of Bukele, Nick Cartergeneral partner at Castle Island Ventures said:
“Trump is simply wrong about this, there is no shame in admitting it. What Bukele did certainly stopped the flow of MS13 into the US.”
For context, MS-13, or Mara Salvatrucha, is a violent Central American gang known for drug trafficking and crimes.
Sharing a similar line of thought with an X user- The Bitcoin Therapist added,
Source: The Bitcoin Therapist/X
Market trends are not affected
However, despite the recent controversy, the latter Polymarkt prediction data for the 2024 presidential election shows no significant change, with Trump still topping the charts with 65% of the vote.
Meanwhile, the Trump-themed memecoin Doland Tremp [TREMP] According to CoinGecko, the company also saw a 4.8% increase in the past 24 hours.
However, the Relative Strength Index (RSI) of 45 indicates that sellers are currently outweighing buyers. For the market trend to shift in favor of bulls, the token would need to surpass the USD 0.60 resistance level.
Source: TradingView
In short, with Mark KeizerBukele’s Bitcoin advisor, who plans to confront Trump directly at the upcoming Bitcoin conference, it will be intriguing to see how this interaction plays out.