#Donald Trump's 2024 presidential campaign has sparked discussions around his motives for seeking re-election. One prominent theory is that Trump may be seeking office as a way to gain legal immunity. Facing multiple legal battles, some suggest that his return to the presidency could protect him from prosecution, as sitting presidents typically enjoy certain legal immunities. His legal challenges, not only in relation to the events of January 6th but also other investigations, could be a motivating factor for his re-election bid.
At the same time, Trump’s campaign has little to do with the burgeoning #cryptocurrency market. Although crypto has become a hot political topic, with various candidates taking a stance on regulation, Trump’s focus remains elsewhere. His platform largely centers on traditional fiscal policies like tax cuts, rather than the crypto industry.
Additionally, #Trump enjoys the backing of numerous billionaires and millionaires, largely because his policies favor reducing taxes for the wealthy. His prior tax cuts in office heavily favored corporations and the highest earners, and this approach likely continues to resonate with many wealthy backers. In return for campaign support, these donors anticipate a continuation of Trump’s pro-business policies, which would benefit them financially. Thus, Trump's appeal to wealthy donors seems tied more to fiscal policies than to any involvement in crypto markets.