Tuesday, October 8, 2024

Bitcoin Misses the Mark in Trump vs. Harris Debate; Price Rises Above $57k Amid Missed Agendas

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The post Bitcoin Misses the Mark in Trump vs. Harris Debate; Price Rises Above $57k Amid Missed Agendas appeared first on Coinpedia Fintech News

Former President Donald Trump and Vice President Kamala Harris faced off in their first presidential debate tonight. Both candidates arrived with well-prepared agendas, but Bitcoin enthusiasts were disappointed as neither addressed cryptocurrency reforms. The debate focused on issues like climate change, abortion rights, international conflicts, and economic reforms. 

Harris repeatedly stressed her plans for addressing the country’s challenges, presenting herself as a champion of the middle class. Meanwhile, Trump dismissed her claims, offering counterarguments that fell short of making a significant impact. Cryptocurrency and Bitcoin was absent from the discussion.

This comes on the heels of Trump’s recent appearance at the Bitcoin Nashville conference, where he made several bold promises, including the removal of SEC Chair Gary Gensler. Once viewed as a passing trend or the currency of choice for dubious figures, cryptocurrency is now firmly entrenched in the mainstream. 

Trump declared his ambition for the U.S. to become the “crypto capital of the planet” and the Bitcoin “superpower of the world.” His campaign has embraced cryptocurrency, now accepting Bitcoin donations and recently launching digital NFT trading cards.

Bitcoin price is yet to react to this heated debate and the price is currently trading above the crucial $57k mark. 

Here’s What Trump Said At The Bitcoin Conference:

“We will have regulations, but from now on the rules will be written by people who love your industry, not hate your industry. I will appoint an SEC chair who will build the future, not block the future,” Trump promised. 

Taking a dig at Harris and Joe Biden, he said, “If they win this election, every one of you will be gone. They will be vicious. They will be ruthless. They will do things and you wouldn’t believe.”

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