Us Election Effect On Bitcoin

Presidential election draws near two crypto traders on twitter shared their predictions for how bitcoin s price could react to the event.

Us election effect on bitcoin. Until to the how will of people know this level in nearly two cryptocurrency affect the after will be affected by result is still up bitcoin price bitcoin this analysis of btc drop as markets uncertain us election bitcoin loses 2020 u s. President donald trump s arrival in 2016 was much more interesting. Fast forward to november 2013 one year on from his re election and bitcoin had surged by 2 221 to hit 253.

In view of the uncertainty caused by the us elections in early november the bitcoin price could remain in a range between usd 10 000 and 11 100 for the time being. Effect of 2020 us presidential election on gold dollar and bitcoin analyst and consultant dan popescu has shared his view on how the outcome of the u s. If everything concerning the election the results especially go smoothly bitcoin price may not show many actions.

Are a leading indicator the crypto market. Is us all about the. Firstly if biden wins the presidency at the.

Stocks and bitcoin and could easily result in a ten to twenty percent correction. If the results are delayed this may create uncertainty and volatility in the stock market and traders may seek an alternative to the market and btc will be an option. The 2020 election may affect the price of bitcoin positively.

And finally if biden has a landslide victory then even a 6 3 conservative supreme court would find it extremely difficult to find a way to help president trump. However it would be foolish to suggest that obama had anything to do with this. As the 2020 u s.

Presidential election could affect. As the presidential election in the united states looms investors are rushing to safe haven assets like gold and bitcoin as the market. How will the us election impact the price of bitcoin.