Written by Javier Lopez 15 hours ago
IMPORTANT POINTS:
An FDU poll found that cryptocurrency owners favor Trump over Harris in the upcoming presidential election by a 12-point margin.
Trump has taken a friendlier stance towards cryptocurrencies, resulting in a significant increase in donations and support from the crypto community.
Harris, while supportive of the expansion of the crypto industry, is associated with the Biden administration and strict regulation by the SEC.
A new poll conducted by Fairleigh Dickinson University (FDU) revealed that registered voters who own cryptocurrency favored former President Donald Trump in the upcoming presidential election by a 12-point margin. According to the results, approximately one in seven registered voters own cryptocurrency, representing a significant demographic in the race.
The FDU poll showed that cryptocurrency holders preferred Trump over Vice President Kamala Harris by 50% to 38%. This trend contrasts with a Reuters/Ipsos poll conducted this week, which showed Harris leading Trump by 45% to 41%. However, the largest betting market related to the outcome of the presidential election on Polymarket showed Trump leading Harris by a narrower margin of 50% to 48%.
Dan Cassino, a professor of government and politics at FDU and executive director of the poll, noted that “Trump has been reaching out to the crypto community, and it appears to have paid off.” Cassino also highlighted that support for cryptocurrencies is a divisive issue that could attract voters who might otherwise lean more Democratic. “The fact that cryptocurrency owners are not conservative or liberal, nor MAGA voters, means they are up for grabs, and in an election that is expected to be close, they are too large a group to ignore,” he added.
Among respondents who did not own cryptocurrency, Harris had a 12-point lead, with 53% to Trump's 41%. The national poll, which included 801 people, found that 15% of registered voters in the United States have owned cryptocurrency, with a skew toward young people, men and members of racial minorities.
