Financial Times Article Rating

'The first crypto president': bitcoin fans bet on Donald Trump to change fortunes

Jul 30, 2024 View Original Article
  • Bias Rating

    40% Somewhat Conservative

  • Reliability

    65% ReliableFair

  • Policy Leaning

    50% Medium Conservative

  • Politician Portrayal

    -1% Negative

Bias Score Analysis

The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.

Sentiments

Overall Sentiment

-14% Negative

  •   Liberal
  •   Conservative
SentenceSentimentBias
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Bias Meter

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Bias Meter

Contributing sentiments towards policy:

59% : Last month Pishevar co-hosted a fundraiser for Trump in Silicon Valley at investor David Sacks' home, along with Coinbase executives and Tyler and Cameron Winklevoss, founders of exchange Gemini, who have each donated $1mn in bitcoin to his campaign.
56% : Trump was so surprised by the audience's raucous roar that he repeated his vow.
52% : "My job will be to set you free," said Trump.
51% : "It's clear [Trump's] long thought about keeping American industry here.
48% : In a sign of Democrats' concern about the scale of crypto support behind Trump, Kamala Harris' advisers have in recent days sought to "reset" relations between the party and the industry, by contacting people at companies including Coinbase and Ripple, the FT reported.
45% : "I think he's going to be the first crypto president," venture capitalist Shervin Pishevar told the FT.Crypto's embrace of Trump comes as it tries to throw off the dark cloud cast by FTX founder Sam Bankman-Fried, who was sent this year to jail for 25 years for fraud, and a crackdown by US regulators.
44% : "I think he definitely earned some votes," said Fred Thiel, chief executive of crypto miner Marathon Digital Holdings, after meeting Trump.
40% : Others are critical of the self-serving relationship between Trump and the crypto industry.
18% : But not everyone is convinced by Trump's commitment to crypto.Vitalik Buterin, co-founder of Ethereum, criticised the market's self-interested backing of Trump.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.

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