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Cryptocurrency is a hot topic in the current U.S. presidential race. Republican candidate Donald Trump

Donald Trump

Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election

President

has praised the crypto industry, gaining support from many enthusiasts. In contrast, Kamala Harris

Kamala Harris

Kamala Harris is an American politician attorney, and currently serving as vice president of the United States. She is the first female vice president and the highest-ranking female politician in the U.S. Kamala was Born in Oakland, California, and graduated from Howard University with a degree in political science and economics, and later pursued her law degree from the University of California, Hastings College of the Law. As a politician, she implemented stricter laws, the DREAM Act, and federal legalization of cannabis, healthcare, and taxation reform. Harris secured enough non-binding support from delegates to become the speculative nominee of the Democratic Party.

Vice President

, the Democratic candidate who took over after President joe biden

joe biden

Joe Biden

President

’s unexpected decision not to seek re-election, represents a party with a mixed history on crypto.

While the Democratic administration has previously imposed several regulatory measures on the industry, recent developments like the SEC’s approval of spot Ethereum ETFs show a slightly more supportive approach. There is even talk of launching a “Crypto for Harris” campaign.

Trump and Musk: A Game-Changing Interview?

Against this backdrop, the upcoming interview between Donald Trump and business leader Elon Musk is generating a lot of interest. Set for Monday at 8 PM EST on X Spaces, the discussion is expected to cover various topics, including the future of crypto. While it’s hard to predict the interview’s impact on the election, Musk’s past support for Trump and his positive view of the crypto sector make this event particularly significant.

Could This Change the US Election Trend?

X Spaces is preparing for heavy traffic during the live interview and has conducted system scaling tests to handle the expected surge. With Musk’s influence and the crypto community’s strong presence on X, the interview could potentially sway public opinion and benefit the Republican camp. How much impact this will have depends on how well the Democratic side can respond to any major statements made about crypto during the discussion.

Musk has revealed that the interview will be unscripted, meaning the conversation could cover a broad range of topics without restrictions. Expect discussions on finance, crypto, and possibly even geopolitical issues.

Crypto Market Predictions: What to Expect After the Interview 

At the time of writing this article, the price of Bitcoin is approximately $58,699.68. In the last 24 hours, it has seen a decline of 4.3%, though in the last hour, it has witnessed a slight upward momentum of 0.9%. Interestingly, it marks a 30-day change of 1.2% and a 7-day change of 11.3%. The trend in the Ethereum chart is almost similar. In the last 7 days, it has marked a rise of +10.3%. Though its 24-hour change is -4.1%, its one-hour change is +0.9%.

But unlike Bitcoin, in the last 30 days, Ethereum has seen a massive fall of -18.1%. There is a possibility of price fluctuations in the major cryptocurrency charts following the interview. 

The World is Watching!

The Trump-Musk interview could be a key moment for both the crypto community and the Republican candidate, who is also preparing for an important debate with his political opponent in September. Given the influence of both Trump and Musk, this conversation could have significant effects on the crypto market and the broader election campaign.

Will it shift the crypto vote towards the Republican side? Only time will tell!

Also Read: Is Trump Considering Quitting the US Election? 

Will this high-profile discussion sway the crypto vote? Let us know what you think.

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