Odaily Planet Daily reported that Singapore cryptocurrency research company Presto said in a report on Monday: "Biden's withdrawal from the election opens up the possibility that no matter who enters the White House, the US government will take a more constructive stance on the digital asset industry after November." 🌍
Presto added: "Whether Harris or other competitors will go this way remains to be seen, but options that were almost non-existent before have now appeared." ✨
In addition, Lucy Hu, senior analyst at Metalpha, said: "We expect the market to rise because Trump's key economic policy will be to lower interest rates and lower borrowing costs. This will definitely boost all risky assets, including Bitcoin. From the mid-term to the 2025 election, we expect Bitcoin to continue to rise." 📈🚀