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Mark Cuban: Silicon Valley's Trump Support Could Drive Bitcoin Price 'Way Higher'

Billionaire Mark Cuban has stated that Silicon Valley's support for former President Donald Trump is largely driven by the potential for Bitcoin price acceleration.
By: DeepNewz • July 18, 2024
Mark Cuban: Silicon Valley's Trump Support Could Drive Bitcoin Price 'Way Higher'

Billionaire Mark Cuban has stated that Silicon Valley's support for former President Donald Trump is largely driven by the potential for Bitcoin price acceleration.

Cuban believes that the alignment of Trump's policies, which he describes as inflationary and creating global uncertainty, will benefit Bitcoin significantly.

He suggests that these policies will impact the US Dollar as a reserve currency, making it worth less, and thus driving up the price of Bitcoin.

Cuban's comments highlight the strategic financial interests of Silicon Valley elites, including figures like Elon Musk, in backing Trump. He noted that the price of Bitcoin could go 'way higher' and that the 'Overton window' has been shattered.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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