Will US elections skyrocket or tank Bitcoin price? Plus North Carolina bans CBDC episode artwork

EPISODE · Sep 11, 2024 · 7 MIN

Will US elections skyrocket or tank Bitcoin price? Plus North Carolina bans CBDC

from Rise’n’Crypto · host Сointelegraph

The first US presidential debate between Donald Trump and Vice President Kamala Harris took place last night and had a noticeable impact: Bitcoin’s price fell slightly, and Trump’s odds of election victory dropped 3% on Polymarket. This raises questions over what sort of impact the election’s outcome in November may have. Bernstein analysts predicted that a Trump victory could send BTC to $90,000 by the end of the year, while other analysts have suggested a Harris victory could spell a $30,000 price. Japan’s Metaplanet seems unphased, though, as it gets back to scooping up sats, becoming the third largest corporate holder in Asia. And that’s just Bitcoin! There’s a lot more I need to catch you up on, so carve 10 minutes out of your day for a debrief.Further reading:Bitcoin drops on Trump-Harris debate, with BTC price down 2.2% pre-CPIBitcoin shorters ‘likely to get burned’ if CPI prints as expectedJapan’s Metaplanet up 6% as Bitcoin stack nears 400 BTCHarris-Trump debate: Trump’s odds to win election fall 3% on PolymarketCrypto becomes US election issue for the first time — SurveyNorth Carolina Senate overrides governor veto, passes bill banning CBDCRise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.

The first US presidential debate between Donald Trump and Vice President Kamala Harris took place last night and had a noticeable impact: Bitcoin’s price fell slightly, and Trump’s odds of election victory dropped 3% on Polymarket. This raises questions over what sort of impact the election’s outcome in November may have. Bernstein analysts predicted that a Trump victory could send BTC to $90,000 by the end of the year, while other analysts have suggested a Harris victory could spell a $30,00...

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Will US elections skyrocket or tank Bitcoin price? Plus North Carolina bans CBDC

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This episode was published on September 11, 2024.

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The first US presidential debate between Donald Trump and Vice President Kamala Harris took place last night and had a noticeable impact: Bitcoin’s price fell slightly, and Trump’s odds of election victory dropped 3% on Polymarket. This raises...

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