Trump Walks Back Prediction Market Criticism, Says 'Smart People' He Knows Like Them
Trump said last week he didn’t like prediction markets, but then changed his tune, arguing the U.S. should not get left behind in the space.
Trump's positive remarks about prediction markets may lead to increased interest and investment in this sector, potentially driving prices upward. Market participants may interpret this as a signal of legitimacy and support for crypto-related prediction platforms.
Trump said last week he didn’t like prediction markets, but then changed his tune, arguing the U.S. should not get left behind in the space.
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