Trump's Bitcoin Solution to $35T Debt Sparks Political Crypto Clash episode artwork

EPISODE · Aug 4, 2024 · 47 MIN

Trump's Bitcoin Solution to $35T Debt Sparks Political Crypto Clash

from RARE BITS · host beatbroker

The crypto market shed $150 billion in two days, dropping to $2.3 trillion amid US economic uncertainty. Bitcoin fell to $60,500 following a $70k rejection and weak job reports. A CoinGecko survey reveals 54.1% of crypto participants don't expect an NFT comeback this cycle. Solana plummeted to $150, while Scottie Pippen faces backlash over his BALL token launch. Crypto executives are set to meet with White House aides as both parties vie for the crypto community's support. Former President Trump suggested Bitcoin could address the national debt, prompting a response from the Harris campaign. The CFTC subpoenaed Hit Network in a fraud probe, and analysts debate Bitcoin's potential price movements and market dominance. HOW CAN SUPPORT? TRADE BETTER WITH BullX.io/beat SUBSCRIBE: ⁠RARE BITS PODCAST⁠    WATCH: ⁠RAREBITS LIVE YOUTUBE⁠   READ: RARE BITS SUBSTACK⁠  Follow on X: BEATBROKER RARE BITS LIVE GET SOME MERCH RARE BITS GEAR:⁠RARE BITS MERCH⁠

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Trump's Bitcoin Solution to $35T Debt Sparks Political Crypto Clash

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