QCP Capital: Regardless of the election results, the market may benefit
The latest analysis from QCP Capital points out that as Kamala Harris and Donald Trump are increasingly seen as supporters of cryptocurrency, the market could benefit regardless of the election results.
There have been no significant inflation or labor data recently, which provides an opportunity for cryptocurrencies to rise under lower risk premiums. The Bitcoin spot ETF further supports this view, recording its largest net inflow since June 4th at $555 million on Monday.
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.
You may also like
Bitget Wallet to Pioneer Support for Ethereum EIP-7702 Proposal, Advancing Wallet Intelligence
Ethereum Spot ETF Sees Net Outflow for Three Consecutive Days, with $16.11 Million on May 8
Registration Open for Bitget's Second VIP Trading Competition with a Total Prize Pool of 100,000 USDT
Metaplanet Issues $21.25 Million Zero-Interest Bonds to Increase Bitcoin Holdings
Trending news
MoreCrypto prices
More
