Bitcoin and Cryptocurrency Market Focused on Biden-Tump Duel

The Bitcoin and cryptocurrency market is awaiting the critical debate between the US Presidential candidates, current President Joe Biden and cryptocurrency-friendly Republican candidate Donald Trump, to be held today.

While BTC and the overall crypto market did not experience much activity ahead of this presidential debate, policy-focused PoliFi tokens TRUMP, TREMP, and BODEN suffered notable losses. TRUMP, the first major token in the PoliFi sector, fell by 0.5% to $8.33 in the last 24 hours, while its Solana (SOL)-based counterpart memecoin TREMP is trading at $0.72, down 10.4%.

Apart from these, the Joe Biden-themed memecoin named BODEN continues to be traded at $ 0.123, with a 20% decrease.

While Donald Trump established closer relations with the leading names of the crypto industry, he also placed BTC and cryptocurrencies in a critical position in his presidential campaign. For this reason, Stocklytics investment platform analyst Neil Roarty, who expects investors to follow this discussion closely, told CoinDesk:

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