Robert Kennedy Jr., also referred to as RFK Jr., pushes large bullish momentum into Bitcoin, calling the highest crypto the “foreign money of freedom.” His feedback got here in help of Howard Lutnick as US Treasury Secretary. President-elect Donald Trump nominated RFK Jr to function United States Secretary of Well being and Human Companies (HHS).
“Bitcoin Is the Foreign money of Freedom”: Robert Kennedy Jr.
Robert F. Kennedy Jr. continues to advocate for BTC and specific robust help for President-elect Donald Trump’s pro-crypto plans. He stated “Bitcoin is the foreign money of freedom” and emphasised the hedge towards inflation use case for middle-class People.
“Bitcoin is the foreign money of freedom, a hedge towards inflation for center class People, a treatment towards the greenback’s downgrade from the world’s reserve foreign money, and the offramp from a ruinous nationwide debt.”
The assertion got here in response to debates on who will Trump nominate for the Treasury Secretary place. Robert Kennedy Jr believes Bitcoin could have no stronger advocate than Howard Lutnick, chairman and CEO of Cantor Fitzgerald and BGC Group.
In response to Polymarket data, Scott Bessent has a 38% probability of getting nominated as US Treasury Secretary. In the meantime, the percentages of Trump choosing Lutnick jumped to 34%.
Robert Kennedy Jr. additionally supported constructing a strategic Bitcoin reserve by the US to scale back the ever-rising US debt disaster. RFK Jr. has put most of his wealth into BTC and has advocated for it even earlier than Trump.
In the meantime, Poland Presidential candidate Slawomir Mentzen has proposed making a strategic Bitcoin reserve within the nation if he’s elected. He claimed to have been a BTC investor since 2013 and adopted the thought of Donald Trump to construct a strategic reserve.
DOGE and BTC Costs to Rally If Howard Lutnick Is Elected
Robert Kennedy Jr. helps Howard Lutnick as he’s the DOGE founding member. Elon Musk and Vivek Ramaswamy had been nominated to steer The Division Of Authorities Effectivity (D.O.G.E.). Billionaire tech mogul Elon Musk has supported Lutnick over Bessent for Trump’s Treasury Secretary.
Dogecoin worth could witness one other large rally if Lutnick is nominated by Trump. DOGE noticed a 160% rally in two weeks, with the worth at present buying and selling at $0.375. CoinGape analysis of Dogecoin price signifies a transfer towards $1.35 on bullish patterns.
Additionally, BTC price trades over $91K because the crypto group awaits Donald Trump to declare Treasury Secretary of his administration. The anticipation of BTC worth hitting $100K this month continues to construct up.
Varinder Singh
Varinder has 10 years of expertise within the Fintech sector, with over 5 years devoted to blockchain, crypto, and Web3 developments. Being a know-how fanatic and analytical thinker, he has shared his data of disruptive applied sciences in over 5000+ information, articles, and papers. With CoinGape Media, Varinder believes within the enormous potential of those progressive future applied sciences. He’s at present overlaying all the newest updates and developments within the crypto business.
Disclaimer: The offered content material could embody the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability in your private monetary loss.
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