Anthony Pompliano, founder and CEO of Professional Capital Management, disclosed on Cavuto: Coast to Coast that Donald Trump, the president-elect, owns Bitcoin and is a proponent of it. This support is perceived as pivotal for the cryptocurrency's rise in prominence.
Pompliano believes Trump's leadership and dedication to uphold Bitcoin investors' rights could transform economic landscapes. Such political backing is considered unprecedented and may significantly influence the broader acceptance and stability of Bitcoin.
This revelation by a trusted figure like Pompliano has sparked discussions about potential impacts on financial markets and regulatory approaches.