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JUST IN: Joe Biden Pulls Out of 2024 Presidential Race in the US

JUST IN: Joe Biden Pulls Out of 2024 Presidential Race in the US

In a surprising move, the current president announced he will not seek a second term.

This means the Democratic Party will need to find a new candidate to face Donald Trump, the Republican nominee, in November. The race has already been tense and divisive, including an assassination attempt.

In a statement, Biden expressed it had been the “greatest honor” to serve as president. He explained that although he had planned to run again, he believes stepping down is better for the country and his party.

First Lady Jill Biden shared his statement on social media with a heart emoji.


READ MORE: Trump May Declare Bitcoin a Strategic Reserve, Sparking Market Buzz


This decision follows ongoing discussions about Biden’s age and ability to serve another term, highlighted by several public mistakes and a poor debate performance.

At 81, Biden had claimed he was the best candidate to beat Trump but faced pressure within his party to step aside.

Recently, a close source suggested the end was near for his campaign after former President Barack Obama reportedly voiced concerns about Biden’s re-election bid.

Additionally, Biden tested positive for COVID while campaigning, showing mild symptoms like general fatigue.

Attention will now focus on who will be the new Democratic candidate, with the decision expected at the Democratic National Convention in August.

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Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.

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