Trump’s Bitcoin U-turn: How the crypto critic became a pump signal

Republican presidential nominee Donald Trump pitched himself as a pro-Bitcoin candidate, but not too long ago he said it was based on “thin air.”

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Bitcoin has surged in recent weeks, a rise some attribute to a “political shift” toward the Republican Party ahead of the 2024 United States presidential election.

On Oct. 15, Republican presidential nominee and former President Donald Trump took to X to declare that “Crypto is the future,” calling it an “incredible technology” and reiterating his intention to help the US become a global leader in digital assets.

Former US president and 2024 presidential nominee Donald Trump. Source: Donald Trump

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