Matrixport: Bitcoin trend may not be affected by the U.S. election
Matrixport released a chart stating that although everyone is concerned about the impact of the next U.S. president on Bitcoin, in reality, the impact may be more reflected in the regulation of the Bitcoin ecosystem rather than Bitcoin itself. During both Republican (2016-2020) and Democratic (2020-2024) administrations, cryptocurrencies have experienced strong increases. Therefore, despite media discussions about upcoming elections, no matter who enters the White House, Bitcoin may continue to perform positively.
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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