RFK drops out of Arizona race, Donald Trump announces special guest for his rally

The US presidential race is undoubtedly one of the most important political events of 2024, and it will likely affect the global economy as well.

The two favorites of the respective parties are Kamala Harris and Donald Trump. However, Robert F. Kennedy Jr. he is also an important figure running as an independent candidate.

RFK drops out of Arizona race

Just a few hours ago, it became clear that he would withdraw from the ballot in Arizona. According to Arizona Secretary of State Adrian Fontes, RFK’s campaign has officially filed the necessary paperwork and withdrawn from the 2024 election.

As CryptoPotato reported yesterday, his pick for a vice president, Nicole Shanahan, recently stated that they have two options ahead of them, one of which includes “joining forces” with Donald Trump.

Kennedy has been a vocal proponent of Bitcoin, even saying that he has allocated a substantial portion of his personal net worth to the cryptocurrency. Trump has also recently endorsed the industry, making big promises throughout his campaign.

What does it mean for Bitcoin?

Kennedy endorsing Trump could sway some of the people who had previously decided to vote for him and push them in the latter’s direction.

The market has also interpreted this as bullish for the cryptocurrency. Yesterday, for example, when it first became known that Kennedy was planning to end his campaign, BTC soared.

Source: TradingView

At the time of writing, BTC is also moving forward, up around 0.7% since the news broke.

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