Breaking News on April 29: Trump’s approval rating drops to 33%. What does a loss in the midterm elections in November mean for Trump?$BTC

Trump has once again surpassed his former self. The latest poll from the Public Affairs Research Center shows that Trump’s overall support has fallen to 33%, with economic support only at 30%, dropping 8 points from 38% in just one month. This is critical; Trump’s main selling point for winning the 2024 election is “I understand the economy, I can control prices.” But now, seven out of ten Americans do not approve of his economic performance. Rising oil prices, squeezed living costs, and the ongoing US-Iran conflict have caused voters’ wallets to cast their ballots against him.
The most awkward things for Trump right now are:
He promised to keep America out of foreign conflicts, but ended up initiating wars himself.
He promised to lower prices, but oil prices are higher than when Biden left office.
He promised economic prosperity, but only the military-industrial complex’s pockets are truly thriving.
What does a loss in the midterm elections mean for Trump?
Trump promised a “cryptocurrency boom.” If he loses the midterms, it’s not good news for BTC in the short term. The Republicans losing control of Congress would put Trump into a “lame-duck president” state. He can still publicly support Bitcoin, stablecoins, and making the US a crypto hub, but legislative progress will become very difficult.
At that point, investigations, hearings, and subpoenas in Congress will increase. Crypto projects related to the Trump family, such as $WLFI , USD1, and $TRUMP , are likely to be scrutinized repeatedly by Democrats: is this industry innovation, or is it the president’s family cashing in on policy opportunities?
Meanwhile, bills like the “Clarity Act,” stablecoin regulations, and decentralized finance rules are already stuck in partisan battles, bank interests, and ethical debates. If the Democrats lose again in the midterms, crypto regulation is unlikely to become clearer; instead, it will become more divided.
In response, Trump confidently stated: “In 2024, when I run for president, I bet on myself to win big, while those betting on Biden might still be drinking turtle jelly. So this time, smart people will know what to do.”$BTC