Crypto Community Has Mixed Reaction To Kamala Harris VP Pick Tim Walz: '...Worst Pick For Bitcoin'
Portfolio Pulse from Pooja Rajkumari
The crypto community has mixed reactions to Kamala Harris's choice of Tim Walz as her running mate. While neither has publicly shared their stance on cryptocurrencies, some investors are hopeful for clarity soon. Walz's regulatory history on crypto kiosks and his perceived strict regulatory stance have drawn both support and criticism.
August 07, 2024 | 1:16 pm
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NEUTRAL IMPACT
The crypto community is divided on Tim Walz's regulatory stance, which could impact Bitcoin's market sentiment.
Walz's history of implementing stricter regulations on cryptocurrency kiosks and his perceived stance on not recognizing crypto as a valid form of payment could create uncertainty in the Bitcoin market.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Ethereum investors are also watching closely as Tim Walz's regulatory stance could influence market sentiment.
Similar to Bitcoin, Ethereum's market sentiment could be affected by Walz's regulatory history and his perceived stance on cryptocurrency.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80