Bitcoin is becoming a go-to option for investors wanting to add some diversity to their portfolios. But as Fernando Lawant recently pointed out, Ethereum (ETH)—priced at $2,484.97—seems to be missing from many of these discussions, despite its role in the crypto market.
Crypto’s Growing Role in U.S. Politics
In a recent poll by Paradigm, about 5% of American voters said they’re single-issue crypto voters, meaning they base their vote primarily on a candidate’s stance on cryptocurrency. This shows how much influence crypto is starting to have in U.S. politics.
Bitcoin’s Rise Unaffected by the Presidential Election
Dan Tapiero, the founder of 10T Holdings, isn’t concerned about the upcoming U.S. election impacting Bitcoin’s growth. Speaking at the Permissionless conference in Salt Lake City, Utah, he shared his confidence that Bitcoin is on track to reach $100,000 per coin, no matter who wins. “The election will come and go, but Bitcoin’s value will keep rising,” Tapiero said.