Matrixport: No Matter What Happens in the US Elections, Bitcoin (BTC) Will Rise!

Matrixport experts commented on the impact of the US presidential elections on BTC.

Matrixport analysts have published a forecast on the possible impact of the results of the presidential elections in the United States (US) on the price of Bitcoin (BTC). According to experts, the leading cryptocurrency Bitcoin will continue to rise regardless of the voting results of American voters.

Matrixport experts reminded that Bitcoin experienced strong rallies both when the Republican Party was in power in the US and when the Democratic Party was in power, and made the following remarks:

“No matter who wins the November 2024 presidential elections and who takes the White House, Bitcoin (BTC) will continue to rise.

Analysts say that the next US president will have more influence on the regulation of the cryptocurrency market in the country than the price of Bitcoin.

Matrixport experts, who underlined in their previous reports that $59,000 levels are very important for the leading cryptocurrency Bitcoin (BTC), think that BTC will exhibit bullish movements in the 4th quarter of this year.

Although Matrixport analysts see the US presidential elections as unimportant, the election of Donald Trump will positively affect the crypto market.

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