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 think on this date Fed announce the new inflation rate and that was why Bitcoin dump and pump again and this is not the first time Bitcoin has reacted to Fed news. There is also CPI news that is been announced a once monthly about consumer price index and it does affect the Bitcoin price and not really the presidential debate. What happen must have been a coincidence and perhaps the speculators too, they used it to create some move but it wasn't significant.
This debate thing is useless in my opinion, two individuals with personal beef and their respective party come and say things that are inconsequential just to win the heart of the public and when voted for in the office, they act like they didn't go though all this talk. Sometimes I think politicians are just the same group of people with different individual goals, they will never do what they promise the people, both Kamala and Trump had the opportunity to do the things they promised and they are now begging for another term.