Major Shift in US Voters! Trust in Bitcoin (BTC) and Cryptocurrencies is Declining!

Bitcoin (BTC) and cryptocurrencies played a very important role in the US presidential election held in November 2024. Indeed, support for cryptocurrencies is seen as a significant factor in Donald Trump’s election as president. Polls conducted at the time indicated that support for cryptocurrencies influenced voters’ decision to vote for Trump.

However, this is changing. Currently, a majority of US voters do not trust the Trump administration regarding cryptocurrency regulation. Ahead of the US midterm elections, crypto assets appear to have failed to emerge as a key political issue.

According to CoinDesk, a majority of US voters do not trust the Trump administration’s ability to regulate cryptocurrencies.

In a poll of 1,000 registered US voters, only 1% of participants cited crypto assets as a key issue in the 2026 midterm elections.

The most important issue for voters was found to be the cost of living (36%). This was followed by employment and the economy (13%) and social security and health insurance (11%).

62% of participants do not believe that the government can properly regulate the crypto industry.

However, it appears that the influence of crypto assets on political preferences is not entirely limited. Approximately 40% of those surveyed stated that they would consider voting for a candidate whose stance on crypto assets aligns with their own views.

From another perspective, in terms of political party perception, the highest percentage of participants (47%) believed that the Republican Party had a more positive view of crypto assets. In contrast, only 14% believed that the Democratic Party had a more positive view.

However, this situation has changed. In the latest poll, when participants were asked which party would better manage cryptocurrency policy, the Democratic Party (27%) pulled slightly ahead of the Republican Party (25%). Approximately 40% of participants stated they did not trust either party.

Finally, 73% of those surveyed oppose senior public officials participating in cryptocurrency-related projects. This finding reflects concerns about potential conflicts of interest and regulatory independence.

*This is not investment advice.

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