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.
Even if there is no news in the crypto market there will be an increase or decrease in value. The value of Bitcoin is always changing. It cannot remain fixed in any place and has no chance of staying stable. Like every time in the crypto market, there is a temporary effect on the market. Markets see temporary impact on Trump-Harris controversy But it will have no long term effect. I don't think there is anything to worry about even if the market has slight dips. But one thing that has become noticeable is that Trump has been quite bullish on crypto and if he wins then there could be a big bull in crypto.
But I think it is better not to invest considering the political situation. If results differ from expectations, there is a possibility of exposure to losses. Moreover, Bitcoin is a decentralized currency that no one can ever control so whoever comes into power has no gain or loss for Bitcoin. However, it is not unusual to experience minor temporary effects.