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Is Trump About to Drop Out of the 2024 Race? Anthony Scaramucci Hints

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By on August 17, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Is Trump About to Drop Out of the 2024 Race? Anthony Scaramucci Hints appeared first on Coinpedia Fintech News

Former White House Communications Director Anthony Scaramucci has recently predicted that Donald Trump may drop out of the 2024 presidential race. This surprising claim suggests that Trump could be facing too many challenges, both politically and legally, to continue his campaign.

Trump’s Campaign Struggling

Donald Trump’s presidential campaign has hit a rough patch recently, leaving him looking older, more awkward, and unsure of his direction. At 78, he is now the oldest presidential nominee, facing off against a 59-year-old former prosecutor who has come out strong.

According to Anthony Scaramucci, Trump’s former White House communications director, Trump is “very upset” and “frightened” as he and his team scramble to find a new campaign strategy. Reports suggest that Trump’s campaign managers are eager for him to focus on issues that resonate with his base, like immigration and inflation. 

However, during his public appearances, Trump often shifts away from these topics, opting instead to launch personal attacks on Vice President Kamala Harris, questioning her intelligence, criticizing her racial identity, and labeling her a “communist.”

Shifting Polling Numbers

Scaramucci’s prediction is also based on recent polling data and Trump’s ongoing legal issues. He noted that if Trump’s poll numbers drop further, especially by just a few points, it could push him to leave the race. Some of Trump’s former cabinet members have also hinted that they expect him to drop out, given the unpredictable nature of this election.

Kamala Harris is becoming a strong competitor in the 2024 race, leading in several key states. This has further weakened Trump’s chances, with his odds of winning declining as Harris gains more support.

Trump’s Legal Trouble Adding Pressure

Another major factor that could influence Trump’s decision to quit the race is his legal troubles. Scaramucci suggested that if Trump believes he might face jail time, he could try to make a deal to avoid it and exit the race. This idea comes from recent comments by a former U.S. attorney, who mentioned that Trump could be sentenced to prison soon due to a hush-money case.

These legal challenges, along with a judge’s refusal to delay sentencing, have added to the speculation that Trump might look for a way out of the race to avoid further damage to his reputation.

Trump’s Loss Crush Crypto Hopes?

According to a report by Max Shannon from Coinshares, the outcome of the 2024 U.S. presidential election could significantly impact Bitcoin (BTC). Shannon notes that Donald Trump’s increasing interest in cryptocurrencies and his selection of pro-crypto J.D. Vance as his running mate could create a more favorable environment for digital assets.

Trump’s current support for Bitcoin miners and criticism of central bank digital currencies (CBDCs) contrasts with his previous skepticism about cryptocurrencies. 

If Trump either loses the election or withdraws, it would be a major shock to the crypto community, given his crypto-friendly policies.

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