Cryptocurrency Demand Surges Following Trump's Pro-Crypto Stance at Bitcoin Conference

IconCryptoNewsTerminal Staff30 Jul, 2024

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Cryptocurrency Demand Surges Following Trump's Pro-Crypto Stance at Bitcoin Conference

Following former US President Donald Trump's recent announcement of pro-cryptocurrency promises at the Bitcoin 2024 Conference, the demand for cryptocurrencies has witnessed a significant surge, as reported by cryptocurrency media outlet Cryptoeconomist. According to experts, this demand increase could lead to a potential rally in major cryptocurrencies, including Bitcoin, Ethereum (ETH), and Solana (SOL). Moreover, if Trump succeeds in the November presidential election, the cryptocurrency market could potentially gain further momentum. This has also drawn attention to newly launched cryptocurrencies, such as Ethereum-based memecoins like Pepe Unchained (PEP) and BRC20 tokens like 99Bitcoins (99B). ```