ChatGPT analyzes the impact of Robert Kennedy becoming President of the United States on the price of Bitcoin

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• The upcoming US presidential election will function Donald Trump, Kamala Harris, Robert F. Kennedy and others.
• If Kennedy wins, the worth of Bitcoin (BTC) might rise because of his pro-crypto insurance policies, though this situation is extremely speculative given his present low ballot numbers.

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The U.S. presidential election is lower than 4 months away. Tensions have elevated just lately. folks going to the poll field should make a alternative this Republican candidate Trump, this Democratic candidate Kamala Harris, this impartial robert kennedyand others.

Newest polls suggestion Trump or Harris is prone to win, with greater than 40% of voters supporting it every. Kennedy ranked third, with an approval ranking of lower than 10%.

this Potential election trump card Contemplating his current pro-crypto stance, it might have a optimistic influence on the cryptocurrency marketthough his major A doable victory for her opponent might have the alternative impact (assuming she follows the present president’s lead).

However what’s going to occur to the digital asset trade, particularly Bitcoin (BTC), if Kennedy unexpectedly receives essentially the most votes and turns into the forty seventh President of the US? That is what we determined to ask ChatGPT.

The AI-powered chatbot believes that the worth of Bitcoin might rise if Kennedy enters the White Home as a winner based mostly on his proposed pro-Bitcoin insurance policies. Final yr, he Commitment Again the U.S. greenback with sure treasured metals and main cryptocurrencies if change into President.

“The election of a pro-Bitcoin president is probably going to enhance market sentiment and confidence in cryptocurrencies. Market sentiment is usually optimistic result in improve ChatGPT mentioned shopping for strain might push costs to new highs.

Kennedy – Who’s Nephew of former U.S. President John F. Kennedy – additionally promised implement guidelines Let Bitcoin Thrive and permit folks to regulate their wallets, passwords and nodes. On the Bitcoin 2024 convention in Nashville, he additionally mentioned that he would signal an govt order as president to pressure the federal government to begin shopping for BTC.

It’s price mentioning that ChatGPT described this prediction as “extremely speculative.” Additionally reminded That Kennedy’s probability of receiving essentially the most votes this November sure Fairly slim.

Kennedy was additionally and holder

besides is Robust supporter of main cryptocurrenciesas are impartial presidential candidates Bitcoin buyers.

Shortly after the Bitcoin convention in Miami in Could 2023, he admit Shopping for two Bitcoins for every of his seven kids.

“After that Bitcoin convention, I obtained a giant test and I mentioned, properly, you recognize, I’m going to place my cash the place my mouth is, so I purchased one for every of my seven children. Two Bitcoins,” Kennedy mentioned on the time.

this Cryptocurrency costs The worth on the time was roughly $27,000, which means he will need to have spent roughly $380,000 amassing the gathering.

Now, The U.S. greenback equal of 14 BTC is almost $900,000, a 130% improve from the preliminary funding.

On the similar time, on the Bitcoin 2024 convention in Nashville, he said that greater than 30% of his wealth is in Bitcoin.