The #Bitcoin❗ 2024 conference in Nashville is likely to consume a lot of alcohol and human energy:
- Wasting alcohol to congratulate Mr.#Trumpwhen he was assessed to have a higher chance of winning the election when Biden stopped running.
- Spending human effort to increase security when David Bailey, CEO of Bitcoin Magazine confirmed that the former president pledged to still appear in person after the assassination is still considered risky.
You can also see the reaction to the news causing the gold price to increase, #bitcoin☀️
The increase is obvious with this news because Trump is crypto-friendly.
-On Polymarket, the bet for the winner has increased > 50% from the $200M mark to the current $316M. Biden supports Vice President Kamala Harris as the new candidate. However, the prediction rate for Trump is still above 60%.
-Market possibilities for this news are very fomo but as I said, if you can't surpass the ATH, you won't be happy yet.
The election date is November 5, 2024 and the inauguration is expected to be January 20, 2025.