What will happen to the bitcoin rate after the elections in the United States

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According to Standard Chartered, Bitcoin's price movement also depends in part on whether Biden retains his candidacy in the presidential race. Bank analysts believe that the cryptocurrency rate could rise to $100 thousand by the presidential election. The optimistic scenario, in their opinion, is the victory of Donald Trump.

Ahead of the 2024 US presidential election, cryptocurrency prediction markets have seen a surge in activity. The largest platform for betting on the outcome of events, Polymarket, recorded a volume of more than $300 million in bets on political events.

The most popular market was the forecast for the results of the November US presidential elections. As of July 3, the probability of Donald Trump being elected was estimated at 63%, Joe Biden at 13%, according to the Polymarket website.

Based on the results, I can say that it doesn’t matter who wins, the main thing is that we win

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