Santiment: This year's US election-related news may intensify market volatility

Odaily Odaily News Jinse Finance reported that Santiment, an on-chain and off-chain indicator intelligence platform, posted on the X platform that the attack on Donald Trump occurred about 8 hours ago, and the cryptocurrency market responded immediately, with BTC rebounding to $60,300, a 10-day high. As the US election approaches this fall, the cryptocurrency community is generally optimistic about news supporting Trump due to Trump's recent remarks in support of cryptocurrency. Needless to say, escaping the attack was seen as news supporting Trump, so the cryptocurrency market has reacted optimistically. It should be noted that any news about the US election worth paying attention to will not be long in triggering such market volatility reactions, at least for the rest of 2024, especially in a field that is always driven by speculation, such as cryptocurrency.

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