Former U.S. President Donald Trump’s efforts to court the cryptocurrency industry this election cycle seem to be paying off, according to the results of a new poll from Fairleigh Dickinson University. The poll results, released Friday, found that crypto holders are disproportionately likely to say they will vote for Trump over Vice President Kamala Harris in the upcoming U.S. presidential election. Half of all crypto-holding survey respondents said they planned to vote for Trump, while only 38% of crypto owners preferred Harris.
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Bitcoin is experiencing its worst price crash since 2022, falling more than 10 per cent on Monday morning to hit a six month low. The world’s leading cryptocurrency dropped below $50,000 (£39,000) for the first time since February before recovering to $52,000 at the time of writing. The sudden plummet comes after one of the most positive periods in bitcoin’s history, having rallied to a record-breaking $74,000 in March and remained close to that level until this weekend.
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