Matrixport: Bitcoin trend may not be affected by the US election
On September 11, Matrixport's latest report pointed out that although people pay attention to the impact of the next US president on Bitcoin, in fact, the impact may be more reflected in the regulation of the Bitcoin ecosystem rather than Bitcoin itself. Cryptocurrencies have experienced strong gains during the Republican (2016-2020) and Democratic (2020-2024) administrations.
Therefore, despite the media's hot discussion about the upcoming election, Bitcoin is likely to remain positive regardless of who enters the White House.