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Trump Gains 50% of Crypto Investors’ Support, Outperforming Kamala Harris in New Survey

Trump vs Kamala CFN
  • 50% of U.S. crypto investors back Trump, while 38% support Harris, according to a recent Fairleigh Dickinson poll.
  • Trump’s strategic Bitcoin reserve proposal resonates with crypto voters, increasing his appeal in this growing bloc.
  • Non-crypto voters favor Harris, with 53% of non-crypto respondents backing her versus 41% for Trump.

A new survey reveals that former President Donald Trump has got substantial support among cryptocurrency investors, outpacing Vice President Kamala Harris in this crucial voter demographic. 

According to a poll conducted by Fairleigh Dickinson University, Trump holds 50% of the crypto community’s backing, compared to 38% for Harris. This data highlights how the crypto electorate, which now includes millions of Americans, could play a pivotal role in the upcoming election.

Crypto Investors Emerging as a Key Voting Bloc

The survey, carried out between August 17 and 20, consisted of more than 800 registered voters. Participants were asked about their investment activities, including whether they had invested in cryptocurrencies, non-fungible tokens (NFTs), or traded on platforms like Robinhood and E*Trade. Notably, crypto ownership is on the rise, with an estimated 50 million Americans now involved in the digital asset market.

Crypto investors, many of whom are drawn to Trump’s proposals, including the creation of a strategic Bitcoin reserve, seem to align more with the former president. Trump has made direct appeals to the crypto community, including during a recent Bitcoin conference in Nashville, Tennessee, where he pledged to free Ross Ulbricht, the founder of the Silk Road marketplace.

Trump’s Appeal Resonates with Crypto Holders

Dan Cassino, executive director of the FDU poll, stated that Trump’s outreach to the crypto community has paid off. Crypto investors, Cassino noted, tend to support Trump due to their ideological alignment with distrust of existing power structures. This sentiment has made the group more receptive to Trump’s message.

While crypto owners lean toward Trump, Harris still holds stronger support among voters without crypto investments. Among this group, 53% back Harris, compared to 41% for Trump, reflecting a 12-point advantage.

Partisan Divide in Crypto Ownership

The poll also highlighted a partisan divide in crypto ownership, with 18% of Republicans owning digital assets, compared to 11% of Democrats. This data suggests that the crypto community could become a decisive factor, particularly in close races, as both parties vie for their support.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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