Reported about 1 month ago
Ahead of the US presidential election, Bitcoin prices are fluctuating around the $70,000 mark, influenced by growing optimism among crypto investors regarding a potential Trump victory. Axios Crypto reporter Brady Dale highlights that over $2 billion flowed into Bitcoin exchange-traded funds recently, as market predictions lean toward Trump winning. Although sentiments are mixed about the upcoming election, many in the crypto industry expect a Trump win would likely bring changes to the SEC's leadership, promoting a more favorable environment for cryptocurrency.
Source: YAHOO