How much does the election really impact Bitcoin's price?

Bitcoin Talk and Cryptocurrencies Cryptocurrency In the News
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The article talks about how the U.S. election could affect BTC’s price. Some experts believe that if Trump wins, Bitcoin might go up to $80k-$90k, but if Harris wins, it could drop to $30k.

How much should we focus on the election when there are so many other things that can affect Bitcoin’s price?

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This is interesting! :open_mouth: I though that Harris would also have a progressive position and policies for BTC, but I wonder if this will sway voters who are crypto traders. :thinking:

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I think Trump understands the power of the market partipants. Harris will (is?) come around.

Blockchain and cryptocurrencies are here to stay.

She won’t want to give Trump a handout of voters, so she’ll do the same as Trump - get in with the community.

Let’s hope they discuss crypto at the debate tonight.

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I didn’t watch the debate, but I read in the news that cryptocurrency wasn’t mentioned at all.

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Also, bitcoin’s price dropped following the presidential debate.

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Can’t be sure, it will be different base on the debates and the promises of the candidates and what their plans are for the market.

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Well, Trump is going all in crypto, regardless of whether he wins or not, with World Liberty Financial, a decentralized finance project

Unfortunately, there are zero details about how the cryptocurrency will do anything of the promises made about it:

  • Liberate “the average American” from “the big banks and financial elites,”
  • Help unbanked and debanked people,
  • Drive “the mass adoption of stablecoins and decentralized finance,”
  • Helping the “huge, approachable class of people who have either been debanked … or they just don’t have a bank that they can go to, and they don’t have a bank that will listen to them.”

So apparently by unbanked his team means accredited investors only. The ones without bank accounts. I guess.