Kamala Harris to Blame for Bitcoin’s Fall
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Bernstein analysts attribute the recent Bitcoin decline to Kamala Harris’s growing chances of winning the upcoming US presidential election. On August 9, Bitcoin briefly exceeded $62,000, but quickly rolled back to $59,000.
Bernstein believes that Trump’s victory is a positive for the crypto market, while a possible Harris victory carries risks due to her unclear position on the industry.
Experts warn that a Harris presidency could lead to serious regulatory difficulties.
