Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Analyst: The worst case scenario for risk assets such as crypto is "delayed or disputed election results"

Analyst: The worst case scenario for risk assets such as crypto is "delayed or disputed election results"

CointimeCointime2024/11/06 02:34
By:Cointime

On November 6th, Bohan Jiang, the head of off-exchange options trading at Abra, stated that the worst case scenario for risky assets, including cryptocurrencies, is "a delayed or disputed US election result - similar to the 2000 election - where the outcome is unknown for weeks, causing a sell-off in risky assets during this period and volatility that will continue for the following weeks until we have a definitive result."

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Pi Core Team Takes Bold Action to Support Pi Coin Stability

In Brief PCT's impressive purchases aim to stabilize Pi Coin's market value. Experts warn about the temporary nature of these interventions in the long run. Investors are advised to stay strategic amidst ongoing market fluctuations.

Cointurk2025/04/23 15:44
Pi Core Team Takes Bold Action to Support Pi Coin Stability

BTC falls below $93,000

Cointime2025/04/23 15:22