Former White House Communications Director Anthony Scaramucci recently predicted that Donald Trump may withdraw from the 2024 presidential race. This surprising claim suggests that Trump faces too many challenges, both political and legal, to continue his campaign.
Trump's campaign struggles
Donald Trump’s presidential campaign has hit a rough patch recently, making him look older, more awkward and insecure. At 78, he is now the oldest presidential candidate, facing a 59-year-old former prosecutor who has come out strong.
According to Anthony Scaramucci, Trump's former White House communications director, Trump is "very upset" and "scared" as he and his team scramble to figure out a new campaign strategy. Reports suggest that Trump's campaign managers are eager for him to focus on issues that resonate with his base, such as immigration and inflation.
However, during his public appearances, Trump often deviates from these topics, choosing to make personal attacks on Vice President Kamala Harris, questioning her intelligence, criticizing her racial identity and calling her a “communist.”
Shifting poll numbers
Scaramucci's prediction is also based on recent polls and Trump's ongoing legal troubles. He noted that if Trump's poll numbers drop further, especially by just a few points, it could prompt him to drop out of the race. Some of Trump's former cabinet members have also hinted that they expect him to withdraw, given the unpredictable nature of this election.
Kamala Harris is emerging as a strong contender in the 2024 race, with a lead in several key states. This has further weakened Trump’s chances, with his chances of winning decreasing as Harris gains more support.
Trump's legal troubles add to pressure
Another major factor that could influence Trump’s decision to leave the race is his legal troubles. Scaramucci suggested that if Trump thinks he might end up in prison, he could try to cut a deal to avoid it and leave the race. This idea stems from recent comments by a former U.S. attorney, who said that Trump could soon be sentenced to prison over a hush-money case.
These legal challenges, combined with a judge's refusal to delay the ruling, have led to speculation that Trump may be looking for a way to withdraw from the race to avoid further reputational damage.
Will Trump's Loss Destroy Crypto Hopes?
According to a report from Coinshares’ Max Shannon, the outcome of the 2024 US presidential election could have a significant impact on Bitcoin (BTC). Shannon notes that Donald Trump’s growing interest in cryptocurrencies and his selection of pro-crypto JD Vance as his running mate could create a more favorable environment for digital assets.
Trump's current support for Bitcoin miners and criticism of central bank digital currencies (CBDCs) contrasts with his previous skepticism of cryptocurrencies.
If Trump loses the election or withdraws, it would be a major shock to the crypto community given his crypto-friendly policies.
See Also: Will Kamala Harris Fire SEC Chairman Gary Gensler If Elected?
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