Quote from: Maslate on Today at 10:44:06 AM

Quote from: shield132 on Today at 09:35:44 AM

Yesterday Bitcoin's price was a little down and I was reading on many websites that it was caused because of the Trump-Harris debate. Today as we see, Bitcon's price is up and reached 58K USD but today also crypto news websites publish that the reason behind crypto price recovery is the result of Trump-Harris debate where Harris won in many polls.
Do you also think that this is true? The crypto community expects a positive impact from Trump and since Trump lost, if the debate was the reason for the price dip yesterday, then it shouldn't be up today because Harris won the poll.
Is this true or do crypto news websites use this debate as a clickbait?

I’d say if there’s an effect, it’s just a minor one. Price swings are pretty normal in crypto. If we really want to prove there’s an effect, we’d need to see a significant price jump or drop. Speculation is all it is right now, and people have different takes on that. I think we’ll see a bigger movement in price once the election winner is announced. That’s something to watch, because if Trump wins, it's predicted Bitcoin might pump. That sounds more likely compared to just a debate result affecting it.

True. Who would have thought that a single debate poll will affect bitcoin price, but I still believe it's more of a price fluctuations rather than giving all the credit to the result of the debate. Even if Trump wins on a debate, the effect would still be a minor one.