Bill Ackman Twitter sway stop tariff, eye Bitcoin
Bill Ackman use him 1.8 million Twitter followers to publicly beg President Trump make e pause the US tariffs wey dem plan for 90 days. Three days later, White House take the plan, wey cause the S&P 500 jump 4.2%—na the biggest one-day gain for 16 years. After that, e use the same Twitter palava to push make dem privatize Fannie Mae and Freddie Mac, wey make their stock price grow six times for the last one year. For March 2024, as Bitcoin dey near record high, Ackman hint say e fit put up to 2% of him portfolio for crypto, show say e get confidence for crypto-friendly government. The way e dey mix public policy influence and market bets show how social media campaigns dey get big power for market sentiment and portfolio strategies. Crypto traders suppose watch how big voices like Bill Ackman fit shape how regulators go take and the wahala of Bitcoin price change.
Bullish
Bill Ackman public hint say e go put small part of im money for Bitcoin na strong bullish signal. Traders dey see big investor endorsement as sign say market get confident, wey fit push short-term demand and liquidity.
Plus, Ackman success for use Twitter lobbying to influence high-level policy show how social media campaigns fit shape regulatory outlook. If government dey more crypto-friendly, e reduce regulatory risk and support long-term market growth.
All these thing join create bullish environment for Bitcoin, dey encourage both momentum traders and institutional investors to increase exposure.