The self-proclaimed crypto President stated minutes in the past that he in all probability received’t run for a 3rd time period, although the US Structure clearly says he isn’t even allowed to.
Bitcoin’s worth reacted instantly to a lot of his current remarks, together with some on commerce offers, and dropped by over a grand and a half.
Earlier than we publish what the forty fifth and forty seventh US President stated earlier at the moment, we want to present this quote from the US Structure (twenty second Modification):
“No individual shall be elected to the workplace of the President greater than twice, and no one that has held the workplace of President, or acted as President, for greater than two years of a time period to which another individual was elected President shall be elected to the workplace of the President greater than as soon as.”
Consultants have repeatedly said that there isn’t a lifelike loophole Trump and his group can use to bypass the present guidelines and really run for President as soon as once more.
But, it has been rumored fairly a couple of instances previously that there’s a probability for Donald J. Trump to attempt to run once more in 2028. In at the moment’s publish, he admitted that he want to, however in all probability received’t.
BREAKING: President Trump says he want to run for president once more however he “in all probability won’t.”
— The Kobeissi Letter (@KobeissiLetter) August 5, 2025
Whether or not it’s about this assertion, or every other that Trump made previously hour or so, which features a trace a few commerce take care of China and extra tariffs in opposition to India, BTC’s worth reacted with a pointy nosedive.
The cryptocurrency, which has benefited considerably since Trump received the US elections in late 2024, dropped by $1,500 in minutes after it was rejected at $115,000 as soon as once more.
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