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Topic: Bitcoin vs election? - page 2. (Read 247 times)

full member
Activity: 301
Merit: 132
Cashback 15%
March 21, 2024, 07:58:59 PM
#2
I'm following the US election a bit closer this year as I have a lot financially at stake.  I think a lot of people are.   I notice every time Trump gets good news, bitcoin price goes up, and when things are looking down for Trump (like now) bitcoin takes a beating.  

I cannot dispute your claims of a direct correlation between bitcoin price and a good news from Trump. However, I know that there are other broader market dynamics such interest rates and market sentiment that also play a significant role in Bitcoin's performance. Despite this, I intend to closely monitor this correlation, especially as someone residing outside the US.


Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
March 21, 2024, 07:41:41 PM
#1
I'm following the US election a bit closer this year as I have a lot financially at stake.  I think a lot of people are.   I notice every time Trump gets good news, bitcoin price goes up, and when things are looking down for Trump (like now) bitcoin takes a beating.   

Does Biden or Trump have any policies on bitcoin or energy conservation I don't know about?   I believe Biden will be forced to further rein in bitcoin mining pollution, while Trump will probably continue to steal from the next generation by allowing it to continue.
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