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Bitcoin Supporter Robert F. Kennedy Jr. Will Now Support Trump Campaign

Key Points:

Robert F. Kennedy Jr. has halted his independent presidential campaign in battleground states.
Kennedy will remain on the ballot in states with clear partisan leanings and continues to support the cryptocurrency industry.

Independent presidential candidate Robert F. Kennedy Jr. now winds down his campaigning as such in the US presidential race and encourages supporters within respective battleground states to vote for former President Donald Trump.

Robert F. Kennedy Jr. Suspends Presidential Bid in Key States, Backs Trump

It places the Kennedy name behind the GOP going into the election. The Kennedy administration stepped back in a handful of battleground states, including Arizona. However, Kennedy said he was not ending his campaign fully and has retained his name on the ballot in states with clear leanings, either Republican or Democrat.

Speaking at a news conference in Arizona, Robert F. Kennedy Jr. explained that he saw no feasible way to win the election. “I cannot in good conscience ask my staff and volunteers to keep working their long hours, or ask my donors to keep giving when I cannot honestly tell them that I have a real path to the White House,” Kennedy told reporters. He expressed a fear of media control and censorship that has beset the prospects of his campaign.

At a time when Kennedy has a loud voice in the crypto industry, which he has been advocating for—including how to manage U.S. government-held Bitcoin as a strategic asset—his decision does not come to remain in battleground states.

Cardano Founder Backs Alliance Between Kennedy and Trump as Political Tectonic Plates Shift

Kennedy’s standpoint called to attention after the likes of Charles Hoskinson jumped in, applauding Kennedy’s initiative to rein in corporate influence and media control over American politics. Hoskinson has thrown his weight behind a potential Kennedy-Trump alliance, saying it could actually slow down what he calls an inevitable slide in American democracy.

On those counts, Kennedy’s decision to bailout on must-win states may just prove to be the game-changer needed in the dynamics of 2024 and give an upper hand to Trump against his highly likely rematch with Vice Pres. Kamala Harris, whom he would face after he had obtained an endorsement from the mainstream Democratic establishment.

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Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.