A report from Wall Street brokerage firm Bernstein states that if Trump wins the U.S. presidential election, it could have a positive impact on the cryptocurrency market, while a victory for Kamala Harris could have a negative impact on the market. Trump supporters believe that the current market odds against Trump are only a temporary phenomenon, and they have expressed positive views on crypto policies, including the possibility of establishing a national Bitcoin reserve.
Key Points
- Bernstein's report shows that if Trump wins the election, it will be positive for the cryptocurrency market.
- Market data shows that when polls turn in favor of Harris, the price of Bitcoin falls.
- Trump's Republican supporters see the current market situation as an early and temporary phenomenon.
- Polymarket is a prediction market that allows people to bet on the outcome of future events.
- Trump and his supporters actively promote policies related to Bitcoin and cryptocurrency innovation.
- Trump has promised that if elected, he will not sell Bitcoin confiscated by the government and may establish a national Bitcoin reserve.
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