Bill Ackman’s Twitter Sway Pauses Tariffs, Eyes Bitcoin
Bill Ackman used his 1.8 million Twitter followers to publicly urge President Trump to pause proposed US tariffs for 90 days. Three days later, the White House adopted the plan, triggering a 4.2% jump in the S&P 500—the largest single-day gain in 16 years.
He then applied the same Twitter lobbying to privatize Fannie Mae and Freddie Mac, driving their stock prices up sixfold over the past year. In March 2024, with Bitcoin nearing record highs, Ackman hinted at allocating up to 2% of his portfolio to crypto, signaling confidence in a crypto-friendly administration.
His blend of public policy influence and market bets underscores the growing impact of social media campaigns on market sentiment and portfolio strategies. Crypto traders should watch how influential voices like Bill Ackman can shape regulatory direction and Bitcoin volatility.
Bullish
Bill Ackman’s public hint at allocating a portion of his portfolio to Bitcoin acts as a strong bull signal. Traders often regard endorsements by major investors as proxies for market confidence, which can drive short-term demand and liquidity.
Moreover, Ackman’s success in using Twitter lobbying to influence high-level policy demonstrates how social media campaigns can shape regulatory outlook. A more crypto-friendly administration, signaled by such public endorsements, reduces regulatory risk and supports long-term market growth.
Combined, these factors create a bullish environment for Bitcoin, encouraging both momentum traders and institutional investors to increase their exposure.