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Trump’s Crypto Embrace Wins Over Voters, Poll Shows

by Dan K
Aug 31, 2024 - 12:20 pm
in Blockchain
Crypto traders favoring Europe’s MiCA regulation over US uncertainty

Trump Crypto Support Gains Traction for 2024 Presidential Race

Results from a recent Fairleigh Dickinson University (FDU) poll suggest that former President Donald Trump’s strategic outreach to cryptocurrency owners is yielding significant results in the 2024 U.S. Presidential election season. A new poll shows he has a commanding lead over Vice President Kamala Harris among voters who own cryptocurrencies or related assets.

Trump Leads Among Crypto Owners

The FDU poll of likely voters who own cryptocurrency shows that 50% support Trump, compared to 38% that support Kamala Harris. A 12-point advantage underlines effects of Trump’s recent efforts to position himself with the crypto community. Meanwhile, Harris leads by 12 points among non-crypto owners, with 53% of their support compared to Trump’s 41%.

The survey also puts the spotlight on 15% of all the registered U.S. voters having ever owned digital assets like cryptocurrencies or NFTs. This demographic leans toward being younger voters, men, and those from racial minority groups.

Crypto Gaining Momentum in U.S. Politics

It wasn’t until recently that the use of cryptocurrency caught his attention. Trump’s sudden sympathy for cryptocurrency is a huge turn of events from his previous view. From having called cryptocurrencies a “scam,” Trump has done an about-face, now pushing for more friendly jurisdictions for digital assets in the U.S. His pledge to make America the “crypto capital of the planet” if re-elected had been going over increasingly well with a fast-growing base of crypto enthusiasts.

Instead, the Harris campaign has gone on the offensive with the Crypto4Harris effort in an attempt to win back crypto voters with a pro-crypto policy framework. If nothing else, that proves both major parties acknowledge that crypto owners are becoming a political force to be taken seriously.

What’s Next

As the Presidential election of 2024 draws nearer, that may prove a pivotal factor in Trump’s favor to win undecided voters and those from the normally Democratic constituencies. Both major parties are now active in courting the crypto vote; hence, digital assets will play an increasingly significant role in American politics.

Tags: BlockchainDonaldTrumpRegulation
Dan K

Dan K

Dan K, the chief editor, is a visionary wordsmith, shaping narratives with finesse. His discerning eye for detail creates literary masterpieces.

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