‘Trump has positioned himself as the candidate that’s pro-Bitcoin:’ Exec

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Marathon exec slammed Biden administration for being hostile to Bitcoin. However, he advocated for bi-partisan crypto legislation.

The executive viewed Trump as pro-Bitcoin but advocated a bi-partisan approach to crypto issues.miner Marathon Digital CEO Fred Thiel has become the latest executive to back Trump.“Former president Trump has positioned himself as the candidate that’s pro-Bitcoin. He believes that all Bitcoin should be mined in the US and has been open to Bitcoin miners and people in the space’

‘I’m sensing thawing of the cold from Biden’s administration as they realize there are 55 million voters in this country who care about crypto.’Several crypto figures have endorsed Trump. Last week, asset manager Ark Invest’s CEO, Cathie Wood,When asked about current BTC price action after slipping below $60K, Thiel mentioned many factors impacting the largest digital asset.

“What we’re seeing right now is a lot of supply in the market and $1.2 billion outflows from the ETFs.’

 

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