Home
News

Menu

Republicans were into crypto long before Trump. Here’s why.

Home / Crypto News / Republicans were into crypto long before Trump. Here’s why.

Republicans were into crypto long before Trump. Here’s why.

07 Jan Crypto News

Ask yourself which Americans are most enamored of crypto, and a few descriptors may come to mind: Millennials. Techies. Guys.

Republicans? Maybe not.

But new research from the University of Pennsylvania finds that Republicans are more likely than Democrats to invest in cryptocurrency and that some regions are more inclined than others to hop on the bandwagon. Texans, for example, are fonder of bitcoin than Oregonians.

The study may help explain why President-elect Donald Trump has loudly signaled his support for crypto.

“I think Trump was a follower on this,” said David Reibstein, a marketing professor at Penn’s Wharton School who participated in the research. “I think he discovered his base was much more…

Tags:

Facebook Google+ Twitter Pinterest

Related Posts

Crypto Whales are Laying the Groundwork for the Next Bull Run

09 Apr Crypto News

XRP tanks — Is it time to look elsewhere? – DL News

09 Apr Crypto News

recent post

Crypto Whales are Laying the Groundwork

Apr 09 2025
XRP tanks — Is it time

Apr 09 2025
Is It Worth the Premium?

Apr 09 2025
BlackRock diversifies crypto custodians to include

Apr 09 2025
ETH Dips Below $1,400; Bitcoin, SOL,

Apr 09 2025

Categories

Business
Crypto News
Investing Strategy
People
Stock Analysis

©2019. All Rights Reserved.