Biden sudden move to abandon the 2024 presidential race could be a "hug boost" for cryptocurrencies and other assets said the crypto analyst predicted.
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Some analysts suggested that the president’s withdrawal from the election race could benefit Bitcoin
BTCUSD
and other crypto assets in the coming months, while others cautioned that investors should temper their excitement for now.
The price of Bitcoin immediately dipped as much as 2.8% following the announcement, touching the $65,800 mark, but it quickly regained over 3.6% by the time of publication, according
BTCUSD
and other crypto assets in the coming months, while others cautioned that investors should temper their excitement for now.
The price of Bitcoin immediately dipped as much as 2.8% following the announcement, touching the $65,800 mark, but it quickly regained over 3.6% by the time of publication, according