President Trump showcased his support for the Bitcoin and cryptocurrency industry at a high-profile fundraiser in San Francisco, raising $12 million with key industry executives present.
Despite San Francisco's liberal reputation, Trump's fundraiser drew support from local venture capitalists and crypto investors concerned about excessive regulation, indicating a strong pro-bitcoin sentiment.
Trump's stance on Bitcoin is a pivotal factor in garnering support from the vast number of crypto owners in the U.S., contrasting sharply with Joe Biden's tougher stance on the industry.
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