Election Effect On Crypto

We can conclude that the win of donald trump could induce a push higher to the crypto space.

Election effect on crypto. In crypto news news. As we get closer to the us presidential election day online investors of different trading styles and backgrounds are looking for signs that will help them plan their next move. However if donald trump wins the current election then a confident gesture can be observed in the traditional stock market.

Nov 3 2020 updated nov 4 2020. 3 2020 in vancouver wash. The effects of the us election to the performance of crypto and financial assets.

A crypto trader who called bitcoin s nosedive to around 4 000 in march is bullish on two altcoins and believes both may be on the verge of a parabolic eruption. There are several platforms on the crypto prediction market which are allowing users to follow and even bet cryptocurrencies on the outcome of the election. How the us presidential election might affect crypto.

A voter fills out his ballot on nov. If we have a clear winner and an easy. For example on february 6 2020 the crypto trading platform ftx exchange allowed customers to start making predictions through a futures contract.

How election results affect crypto btc eth and alts post election price predictions uselections donaldtrump joebiden post election results with token metr. As the 2020 u s. As in recent months it is observed that crypto has been primarily correlated to the stock market.

Here are the 2020 us election races crypto should watch. The effects of the us election to the performance of crypto and financial assets. Presidential election draws near two crypto traders on twitter shared their predictions for how bitcoin s price could react to the event.