- Robert Kennedy Jr. has expressed pro-Bitcoin opinions several times over the past.
- Donald Trump’s new government sees multiple members having positive notions towards cryptocurrency.
The cryptocurrency market is all set to begin another week, and with a headstart, too. Bitcoin’s price has managed to hold above the $90K level, and thus, it might be expected to reach new highs if the bullish cycle is sustained. Meanwhile, Ethereum receded to the 3.1K range over the weekend. On the other hand, the crypto regulatory space also remained vibrant in the past two days.
In particular, Trump announced Robert F. Kennedy Jr. as the Health Secretary on November 15. The well-known personality has expressed pro-crypto opinions in the past. He also advocated for Bitcoin on a November 16 X post.
Bitcoin is the currency of freedom , a hedge against inflation for middle class Americans,a remedy against the dollar’s downgrade from the world’s reserve currency, and the offramp from a ruinous national debt. Bitcoin will have no stronger advocate than Howard Lutnik.
— Robert F. Kennedy Jr (@RobertKennedyJr) November 16, 2024
Robert Kennedy Jr discussed that Bitcoin was the ‘currency of freedom’ and how it would act as a hedge against inflation. Previously, RFK Jr. also was known to have said that he attended the Bitcoin conference and had put a lot of his wealth into the asset.
The health secretary discussed that Bitcoin would also be the ‘offramp’ from the USA’s national debt. Trump’s appointment of pro-crypto members in several leading roles has led to community members seeing it as a reflection of his promises.
Does Trump’s Appointment of Robert Kennedy Jr Reflect His Pro-Bitcoin Stance?
Over the past few days, Donald Trump has made several announcements, forming his new government. The President-elect recently announced Elon Musk and Vivek Ramaswamy as leading members of the “Department of Government Efficiency” (DOGE). This saw the crypto community rejoice in multitudes over the stark shift in attitude towards cryptocurrency and Bitcoin.
After the US elections, several leading members have scrutinized cryptocurrency including Robert F. Kennedy Jr. Furthermore, several other nations worldwide also show interest in cryptocurrency. This raises the question – is Bitcoin finally receiving the long-awaited spotlight on the global level?
Meanwhile, the crypto regulatory landscape has not yet materialized the different shifts that the community is expecting. However, the bullish crypto market has seen altcoins such as Solana hit new trading levels.
Highlighted Crypto News Today:
