Key Takeaways
- JPMorgan CEO Jamie Dimon has changed his stance on Bitcoin.
- Donald Trump supports Bitcoin and has incorporated it into his campaign.
- Trump named J.D. Vance, a pro-Bitcoin venture capitalist, as his running mate.
Bitcoin has surged dramatically over the past year, nearing its all-time high, fueled by Wall Street’s increasing interest and potential political changes.
Former President Donald Trump has revealed that JPMorgan CEO Jamie Dimon, previously a vocal Bitcoin critic, has changed his stance.
Trump told Bloomberg:
Jamie Dimon was very negative and now all of a sudden he’s changed his tune.
This remark follows a private meeting with Dimon and other top business executives, which Trump described as a “lovefest.”
Trump’s embrace of Bitcoin
He named pro-Bitcoin former venture capitalist J.D. Vance as his running mate for the 2024 election.
In a recent Silicon Valley fundraiser, Trump declared he would be the “crypto president.”
His comments align with his efforts to attract Bitcoin companies to the U.S. to prevent countries like China from dominating the industry.
