Will The Upcoming Debate Between Biden And Trump Impact Bitcoin And Crypto Market — What The Analysts Predict
Portfolio Pulse from Aniket Verma
The upcoming presidential debate between Joe Biden and Donald Trump is unlikely to significantly impact Bitcoin's price, according to analysts from Bitfinex. However, tokens like Maga Coin (TRUMP) and JEO BODEN (BODEN) could see volatility. Polymarket sets the odds of Trump mentioning cryptocurrencies at 46%.
June 25, 2024 | 11:46 am
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NEUTRAL IMPACT
The upcoming debate between Biden and Trump is unlikely to introduce new volatility to Bitcoin's price as investors have already factored in their stances on regulations and digital currencies.
Analysts from Bitfinex believe that the debate will not introduce new volatility to Bitcoin's price because the stances of both leaders on regulations and digital currencies are well-known and already factored in by investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80