Crypto Shift Boosts Trump Favorability Among Republicans by 13%

IconCryptoNewsTerminal Staff10 Jul, 2024

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Crypto Shift Boosts Trump Favorability Among Republicans by 13%

Former US President Donald Trump's stance on cryptocurrencies has boosted his popularity among Republicans, with 13% of those who previously said they would not vote for him now seeing him favorably. This shift in sentiment is revealed by a recent poll conducted by crypto investment firm Paradigm, which surveyed over 1,000 Republicans in mid-June. The survey also highlights that 60% of respondents believe the US Congress should establish regulations for crypto companies. This significant change in perception underscores the growing importance of cryptocurrencies in the political landscape and suggests that Trump's embrace of digital assets may have strategic electoral value.