President Biden has reached a breaking point. Although he is only three years older than Trump, he has faced significant health challenges, including three craniotomies. The strain has become too much. Biden’s decision to withdraw from the presidential race opens the door for the pro-crypto Trump to potentially return to office. Trump has previously stated his intent to promote Bitcoin as a strategic reserve for the US, and his track record suggests he follows through on his promises, such as building the border wall.

Market News: Reports indicate that Biden has informed his campaign officials of his decision to withdraw from the presidential race and will officially announce it before Sunday.

On July 19, the open-source intelligence organization OSINTdefender shared on the X platform that US President Joe Biden has notified his campaign team about his decision to exit the current presidential race, with an official announcement expected before Sunday. Despite withdrawing from the race, Biden is not expected to resign from the presidency or endorse another candidate, like Vice President Kamala Harris. Instead, the Democratic National Convention in Chicago this August is anticipated to be the first convention to use proxy voting since 1952, with numerous Democratic candidates likely vying for the nomination.

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