@georgem
I have read too many tweets about the election, and I have already handed in my homework, but it doesn’t matter. As I said before, the current relationship between BTC price and data is almost non-existent. It is more directly related to whether Trump is elected. The high opening after today’s opening is because of this. On the day of the election, #BTC directly rebounded to above $70,000, and Trump’s winning rate also increased linearly. Next, we will wait for the announcement.
In fact, many friends have made too one-sided judgments on the trend of BTC prices after Trump and Harris’ election. It is true that Trump and BTC are more closely tied, but the cryptocurrency market is still too niche compared to the entire risk market, and it is not enough to change the trend of the entire risk market. If the US stock market rises well, cryptocurrencies, at least BTC, will not have too bad a reaction.
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