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What will be the impact of Trump's presidency on crypto by end of 2025?
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Cryptocurrency market analysis reports from financial news outlets and analysts
Story
Trump to Assume Presidency on January 20, 2025, Amid $150 Million Crypto Contributions and NFT Launch
Dec 8, 2024, 02:11 PM
As the 2024 presidential election approaches, speculation about the impact of Donald Trump's presidency on the cryptocurrency industry is intensifying. Trump, who is set to take office on January 20, 2025, has been noted for his active engagement with blockchain technology, including the launch of a non-fungible token (NFT) collection. Observers believe this environment presents a favorable landscape for the crypto sector to flourish. In the lead-up to the election, cryptocurrency-related contributions reportedly amounted to approximately $150 million, accounting for nearly half of all corporate political donations. This financial backing underscores the growing influence and integration of cryptocurrency in political spheres.
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