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Bitcoin Could Benefit From Political Tailwinds
Over the weekend, bitcoin initially traded lower on news that President Biden will not seek a second term. But the largest cryptocurrency later rallied as markets came to grips with the fact that Vice President Kamala Harris is the likely Democrat nominee. It’s only been a matter of days since Biden dropped out. And it’s not official that Harris will be the Democrat nominee. That will be determined at the party’s convention in Chicago, which runs Aug. 19-22. For now, it appears that crypto investors are at peace with a Harris/former President Donald Trump matchup. That could be beneficial to spot bitcoin ETFs ... (full story)
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- Posted: Jul 23, 2024 7:49pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 117
