Post
Topic
Board Economics
Re: Did Trump - Harris debate really affect Bitcoin's price?
by
Sayeds56
on 16/09/2024, 11:47:47 UTC
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 believe this debate between Trump and Harris had no direct impact on Bitcoin, as neither of them made comment about crypto currency industry. However, as many analysts were convened about better performance of Harris who is not seen a strong supporter of Bitcoin as Trump is, therefore Bitcoin price experienced a short-term slide but later covered.