Does the truth matter which result is more relevant for us crypto enthusiasts ???, I do not see much difference between Trump or Biden, despite the fact that they both handle very different discourses in relation to the market. Trump and his very good friendship with the markets and the stock market, Biden with his own and the need for equality. We must bear in mind that at this point in the game, things start to get complicated and the market's reactions are increasingly more sensible.
Unfortunately, the political environment affects all environments and cryptocurrencies are no exception. The behavior of cryptos, to a large extent, depends on the decisions that are made around the hierarchical levels of many governments and institutions. The stimuli are a clear example of the impact we see on the price of Bitcoin and other altcoins.
The negativity of this last stimulus was a clear inverse effect for everyone; an expected money that activates the economy and encourages the possession of other forms of income and that people materialize in a conservative thought when opting for other forms of protection such as gold, silver and now also Bitcoin.
The crucial point that we expect is to see the decoupling of cryptocurrencies to the behavior of the market. Currently, the stock market will enter an uncertainty, from here until the end of October, with a range between stable. However, at the end of October, we can see a rise in the stock market. The economy will play a key role in electoral decisions.
The cryptos, will obtain more and more confidence, each ticket printed and put on the market is a sum of mistrust and loss of value of fiat money. The current value of Bitcoin stems from its independent character that in the long run causes problems for many institutions and governments, and is the key piece for the digital change that this currency demands.
The upcoming elections do not distract Bitcoin, its concept of refuge is growing at the rate of gold and silver, we are seeing a scenario that is generated under the exhaustion of a system that does not fit into the plans of the new world order.
This article is made up of its own content without any type of plagiarism; You can also read this information on my Publis0x blog under the following link.
https://www.publish0x.com/cryptographic-alchemy/parties-politicians-and-bitcoin-xzyvnle
cryptocurrency is a good option when the country's future is uncertain