Us Election And Bitcoin Price

The traditional markets show a significantly higher level of volatility during these times.

Us election and bitcoin price. A year after the election btc surged a remarkable 2 221 as it hit the 253 mark. Prices in these assets could spike in the months following the 2020 us presidential election. However it would be foolish to suggest that obama had anything to do with this.

If we have a clear winner and an easy. However it is worth noting that roughly a year later bitcoin climbed to. Bitcoin leaped as much as 3 9 on wednesday as volatility fuelled by us elections lifted popular cryptocurrencies.

Presidential election draws near two crypto traders on twitter shared their predictions for how bitcoin s price could react to the event. In 2016 when donald trump defied many mainstream expectations to win the presidency the price of btc rose quickly by 3 8 percent possibly based on anxiety about how the. We could see a spike in price for both gold and bitcoin following the election.

When the result was first confirmed bitcoin shot up by 3 8 from 709 to 736. As the presidential election in the united states looms investors are rushing to safe haven assets like gold and bitcoin as the market prepares for uncertainty according to a precious metals specialist. Bitcoin s price failed to react immediately after the 2016 election rising a scant 1 8 in the 24 hour trading period.

As the presidential election in the united states looms investors are rushing to safe haven assets like gold and bitcoin as the market prepares for uncertainty according to a precious metals. It will not. As the 2020 u s.

To figure out more precisely what will happen to the btc price it may be worth considering how previous presidential elections have played out. Could us election results be the trigger for 20k bitcoin price. In 2012 when barack obama secured a second victory bitcoin was dull but still put up a hard fight and remained 10.