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Opinion: Trump's crypto commitment may imply that the short-term Bitcoin price is closely related to the results of the US presidential election in November

Opinion: Trump's crypto commitment may imply that the short-term Bitcoin price is closely related to the results of the US presidential election in November

Bitget2024/07/30 13:28

Investment bank Jefferies stated that Donald Trump's cryptocurrency commitment could mean that the short-term price of Bitcoin is closely related to the results of the U.S. presidential election in November. At the BTC 2024 conference held in Nashville on Saturday, Trump promised to include Bitcoin in the U.S. strategic reserves and would never sell Bitcoins confiscated by the U.S. government.

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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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