Anthony Scaramucci Stays Averse to Pro-Crypto Donald Trump’s Second Presidency

Nausheen Thusoo
April 5, 2024
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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Highlights

  • Anthony Scaramucci said he believes that a second Trump term would be "dangerous."
  • Crypto market participants are looking out for pro-crypto candidates this election.
  • Currently, Joe Biden is leading Republican Donald Trump in six of the seven crucial swing states.

Pro-crypto Donald Trump i currently trying hard to campaign and secure his second term as the President of the USA for a second time. However, Anthony Scaramucci in a recent talk with Bloomberg stated that he does not support Donald Trump for a second term. Laying out his reasons, Scaramucci mentions that there is a possibility that the entire American voter base might stay at bay from Trump.

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Anthony Scaramucci Calls Pro-Crypto Trump’s Second Term Dangerous

Anthony Scaramucci said he believes that a second Trump term would be “dangerous.” In addition, he discusses that he won’t vote for his old employer and he also believes most Americans won’t either.

According to Scaramucci, the notion that the Republicans might prevail in November is being sustained by a “Davos mindset.” In actuality, he claims, the 2024 contest isn’t as close as the polls suggest because voters aren’t being truthful about their wishes. Scaramucci predicts that the next four years will be difficult if they are.

Read Also: Ethena Labs Boosts USDe with Bitcoin for Greater Scale

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Crypto Voters Hold Great Importance this Elections

Crypto market participants are looking out for pro-crypto candidates this election. A good example of this is John Deaton’s Senate race. Since John Deaton announced he would be running against Elizabeth Warren for the US Senate seat, people have been backing him to increase the number of Bitcoin players involved in US politics.

Rumors that Elizabeth Warren would face opposition to her Senate candidacy prompted her to galvanize her support network. It should be clear by now that supporters of cryptocurrencies want better laws and more transparency from lawmakers about their comprehension and approval.

Forbes reports that one in five Americans presently possesses digital assets. That’s fifty-two million people. The sum is significant enough to influence the US presidential election result significantly. As a result, any government hoping to win an election would most likely have to win over supporters of Bitcoin.

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Trump VS Biden: Who Do Pro-crypto Voters Support?

Currently, Joe Biden is leading Republican Donald Trump in six of the seven crucial swing states, and he is leading him convincingly in at least two of them. According to a regular study conducted by Bloomberg News and Morning Consult, the Democrat’s standing is at an all-time high. A shift in favor of the president has occurred after a State of the Union speech that energized Democrats and appeared to allay worries about Biden’s advanced age. It comes after five mostly stable months for Trump’s lead.

It would be interesting to observe which side supporters of the cryptocurrency market chose and what new laws are passed by lawmakers as election day draws near.

Read Also: Crypto Spot Derivatives Trading Hits All-Time High in March

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.