Donald Trump is Crypto Market’s Favorite This US Presidential Elections

YEREVAN (CoinChapter.com) — Donald Trump is the favorite U.S. presidential candidate among people who own cryptocurrencies, per a survey.

Crypto Voters’ Presidential Picks

About 48% of people with cryptocurrencies plan to vote for the former president, while 39% lean toward President Joe Biden, as reported by Public Opinion Strategies.

With a 3.5% margin of error, this lead could shrink, and there are enough undecided voters who might sway the final outcome. The poll included 1,000 voters, and around 7% have more than $1,000 in cryptocurrencies, with 19% owning some amount. Nearly half, or 49%, said they don’t trust either political party to handle crypto issues properly.

Justin Slaughter and Dominique Little from Paradigm wrote a blog post. They say many voters seek clear crypto policy leaders. Their poll finds that more than 10% have interacted with Bitcoin ETFs. Six percent have bought one, and another six percent plan to buy. This shows not only big investors are interested in Bitcoin ETFs. The SEC’s approval of Bitcoin spot ETFs has also attracted regular people.

Biden and Trump Lead Before Election

The presidential election will happen in eight months. Biden and Trump have already gained enough support from the primaries to become their parties’ nominees likely. Other polls show them very close in the general election race, with Trump sometimes having a small lead.

Crypto Vote Could Tip the Scales

The crypto community is becoming a force in politics. Their votes in the next U.S. election could make a big difference. Trump has a slight lead over Biden among them. However, many crypto owners still haven’t decided who to support. As the election nears, these voters are getting more attention. Their final decision could swing the result, making them a group to watch in the tight race to the White House.