- Trump appealed to crypto supporters with pro-Bitcoin statements and NFT releases.
- Polymarket showed Trump leading with 62.1% support amid rising interest in cryptocurrencies among voters.
With just four days until the US presidential election, former President Donald Trump has left no stone unturned.
Although Trump has previously criticized cryptocurrency, he mentions Bitcoin [BTC] “no money” and “very volatile”, he has not shunned digital assets.
His interest in NFTs has been evident since the launch of his first series of digital collectibles in December 2022, demonstrating his unique enthusiasm for this emerging asset class.
Trump’s Bitcoin campaign
In one recent X (formerly Twitter) postTrump won over crypto voters by celebrating the anniversary of the Bitcoin White Paper, stating:
“I would like to wish our wonderful Bitcoiners a happy 16th anniversary of Satoshi’s White Paper.”
As expected, he didn’t stop there – and also made a joke to Vice President Kamala Harris, adding:
“We will end Kamala’s war on crypto, and Bitcoin will be MADE IN THE USA! VOTE TRUMP!”
Commenting on Trump’s comments, ShapeShift CEO Erik Voorhees said:
Source: Erik Voorhees/X
However, not everyone felt the same.
Many praised Trump for his post and his proactive stance on Bitcoin.
For example, trader and investor Jason Pizzino commented,
“0% tax on Bitcoin and 0% double tax – let’s go Trump.”
Adding to the strife, another X user commented:
Source: Marshall Long/X
Polymarket and crypto trend
Polymarkt confirmed 62.1% support for the Republican candidate, leaving Harris at 37.9%.
This momentum coincided with Bitcoin is slipping to $69,544.97 at the time of writing, after peaking at $73,569 – just $168 lower than March’s all-time high of $73,737.
Despite Bitcoin’s RSI still reflecting bullish trends above neutral, the downward move signals possible upcoming bearish pressure.
Source: trading view
The role of crypto in the election cycle
According to a survey by Consensys and HarrisX, cryptocurrency emerged as a top issue among voters during the 2024 election cycle.
A survey of more than 1,600 registered voters in the US found that almost half consider pro-crypto attitudes influencing their voting decisions.
Among crypto owners, this interest was stronger, with 92% planning to vote and 85% prioritizing crypto as an important issue.
As a result, cryptocurrency could play a crucial role in shaping the choices of many voters in this election.
Trump attracts crypto voters, while Harris falls short
Seeing this, Trump has actively engaged with crypto supporters and positioned himself as a pro-Bitcoin candidate.
He attended the 2024 Bitcoin Conference despite security threats. He launched Bitcoin-themed sneakers and released a fourth series of NFT trading cards. Moreover, he also launched the World Liberty Financial.
Backed by influential figures like Elon Musk and Michael Saylor, Trump’s involvement stands in stark contrast to Harris’ limited reach.
Harris’ efforts include her “Crypto for Harris” campaign and a pro-blockchain speech at the Economic Club of Pittsburgh.
With just days to go, it will be intriguing to see if Trump’s crypto-focused strategy pays off in the final vote.