Crypto Friendly RFK Jr. Drops White House Hunt, Will Lend Kennedy Name to Trump

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Crypto Friendly RFK Jr. Drops White House Hunt, Will Lend Kennedy Name to Trump
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Jesse Hamilton is CoinDesk's deputy managing editor for global policy and regulation. He doesn't hold any crypto.

Independent presidential candidate Robert F. Kennedy Jr. has suspended his presidential campaign and will pull his name from the ballots in 10 battleground states.

Though Kennedy's family has a deep legacy as Democratic royalty, the son of 1960s politician icon Robert F. Kennedy and nephew of former President John F. Kennedy said he's pulling his name from ballots in 10"battleground" states so his campaign doesn't jeopardize the chances for Trump. Already higher for the session after U.S. Federal Reserve Chairman Jerome Powell Friday morning indicated interest rates are headed lower in September, bitcoinWhile RFK Jr. bears the outsized Kennedy name, he hadn't been embraced as the standard bearer by others in the Kennedy clan, many of whomin April, before Biden handed the Democratic nomination baton to Vice President Kamala Harris.

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