Bernstein analyst: The market has not yet taken into account the possible positive shift in cryptocurrency regulation after Trumps victory
Odaily2024/07/22 13:10
By:Odaily
Odaily News Bernstein analysts said that the
market has not yet taken into account the possible positive shift in
cryptocurrency regulation if Republican candidate Donald Trump wins the US presidential election. In addition, the price of Bitcoin has responded positively to the increased chances of the Republican Party winning, which has given people confidence in Trumps support for cryptocurrency. Bitcoin has risen by about 8% in the past week and is currently trading at $67,548.
Bitcoin ETFs have seen net inflows of more than $2 billion in the past two weeks. (Theblock)
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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