Majority of Americans Say Trump's Crypto Profits Are Unethical: Poll

A Reuters/Ipsos survey reveals that 63% of Americans view the Trump family's crypto profits as inappropriate, marking a significant shift in public perception about political figures' involvement in the cryptocurrency market. The poll shows that even half of Republicans, the president's own party, believe his business interests influence his political decisions, indicating growing concerns about ethics and the separation between business and government in the crypto sector.
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Kendrick noted that low open interest in the Bitcoin market leaves room for more investors to return as prices rise, with the recovery potentially accelerating after October 6. This new perspective of a higher price target for Bitcoin reflects increasing institutional confidence in the cryptocurrency market and could spark a wave of optimism among traders and investors as the market prepares for what could be a historic year-end for the leading digital asset.

