Bitcoin’s unexpected ally: Presidential candidate Kennedy shows support amid backlash

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U.S presidential candidate advocated for BTC at a recent conference, a surprising move given the strict crackdown from government.

in phases throughout the year have led many to believe that BTC prices will be impacted negatively in the future.These factors have turned many in the crypto space cynical. However, the comments made by presidential candidate Robert F Kennedy could inspire some optimism amongst holders.his support for Bitcoin. Additionally, he emphasized the fundamental entitlement of every citizen to exercise self-custody and operate a node.

Furthermore, he expressed his intention to advocate for the regulation of the king coin as a commodity. During his address, Kennedy expressed to the audience that his initial encounter with Bitcoin served as a profound source of inspiration, recognizing it as a crucial technology for fostering individual freedom.

This realization was triggered by his awareness of Bitcoin’s application in circumventing financial limitations during the Canadian trucker protest that Despite the potential interpretation of his remarks as a political strategy to appeal to Bitcoin maximalists and crypto enthusiasts, they possess the capacity to positively influence public perception.As of this writing, there was a notable surge in retail interest towards Bitcoin. According to data provided by glassnode, the number of addresses holding 0.01 or more coins has reached an unprecedented peak.

 

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