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Home » Blog » Robert Kennedy Jr. Declares Bitcoin ‘Currency of Freedom’ Amid New Role
Cryptocurrency

Robert Kennedy Jr. Declares Bitcoin ‘Currency of Freedom’ Amid New Role

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Last updated: 2024-11-18 09:04
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Robert Kennedy Jr. Declares Bitcoin 'Currency of Freedom' Amid New Role

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“Bitcoin Is the Currency of Freedom”: Robert Kennedy Jr.DOGE and BTC Prices to Rally If Howard Lutnick Is Elected

Robert Kennedy Jr., also known as RFK Jr., pushes massive bullish momentum into Bitcoin, calling the top crypto the “currency of freedom.” His comments came in support of Howard Lutnick as US Treasury Secretary. President-elect Donald Trump nominated RFK Jr to serve as United States Secretary of Health and Human Services (HHS).

“Bitcoin Is the Currency of Freedom”: Robert Kennedy Jr.

Robert F. Kennedy Jr. continues to advocate for BTC and express strong support for President-elect Donald Trump’s pro-crypto plans. He said “Bitcoin is the currency of freedom” and emphasized the hedge against inflation use case for middle-class Americans.

“Bitcoin is the currency of freedom, a hedge against inflation for middle class Americans, a remedy against the dollar’s downgrade from the world’s reserve currency, and the offramp from a ruinous national debt.”

The statement came in response to debates on who will Trump nominate for the Treasury Secretary position. Robert Kennedy Jr believes Bitcoin will have no stronger advocate than Howard Lutnick, chairman and CEO of Cantor Fitzgerald and BGC Group.

According to Polymarket data, Scott Bessent has a 38% chance of getting nominated as US Treasury Secretary. Meanwhile, the odds of Trump selecting Lutnick jumped to 34%.

US Treasury secretary
Source: Polymarket

Robert Kennedy Jr. also supported building a strategic Bitcoin reserve by the United States to reduce the ever-rising US debt crisis. RFK Jr. has put most of his wealth into BTC and has advocated for it even before Trump.

Meanwhile, Poland Presidential candidate Slawomir Mentzen has proposed creating a strategic Bitcoin reserve in the country if he is elected. He claimed to have been a BTC investor since 2013 and followed the idea of Donald Trump to build a strategic reserve.

DOGE and BTC Prices to Rally If Howard Lutnick Is Elected

Robert Kennedy Jr. supports Howard Lutnick as he is the DOGE founding member. Elon Musk and Vivek Ramaswamy were nominated to lead The Department Of Government Efficiency (D.O.G.E.). Billionaire tech mogul Elon Musk has supported Lutnick over Bessent for Trump’s Treasury Secretary.

Dogecoin price may witness another massive rally if Lutnick is nominated by Trump. DOGE saw a 160% rally in two weeks, with the price currently trading at $0.375. CoinGape analysis of Dogecoin price indicates a move toward $1.35 on bullish patterns.

Also, BTC price trades over $91K as the crypto community awaits Donald Trump to declare Treasury Secretary of his administration. The anticipation of BTC price hitting $100K this month continues to build up.

The post Robert Kennedy Jr. Declares Bitcoin ‘Currency of Freedom’ Amid New Role appeared first on CoinGape.

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