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?
For the price of BTC to have gone up today, that tells you the reason for the drop in price earlier wasn't because of the debate Donald Trump had with Kamala Harris, it's just about the market forces displaying itself as market fluctuations happens every now and then, maybe the news agency are using the debate for a click bait just as you've rightly put, news agencies will do anything to sway the minds of readers and that's exactly what they've done.
Before now bitcoin has been growing on a steady trajectory with or without the input of Donald Trump, however it is good to mention that Donald Trump has been making statement about policies he will make for the betterment of the cryptocurrency and Bitcoin community, but that does not mean that even though he loses the election for instance that bitcoin will not continue it's growth, it is also of utmost importance to Note that the debate had a lot of discussions and it was not centered only on Bitcoin, so why will it have direct effect on Bitcoin price.