🚨 JP Morgan predicts: Middle East tensions and uncertainty in the US election may boost Bitcoin and gold prices! 📈
JP Morgan analysis believes that the uncertainty of wars in the Middle East, especially the conflicts in Israel, Iran and Lebanon, and the upcoming US election, may drive up Bitcoin and gold prices. Among them, the tension in the Middle East has brought volatility to global financial markets, and this volatility is often beneficial to safe-haven assets such as Bitcoin and gold.
Uncertainty in the US election: At present, the US presidential election is in a stalemate, and Trump and Harris's approval ratings are very close. Trump recently returned to the place where he was assassinated to campaign, and Musk even personally supported him, which also brought him a wave of traffic exposure.
At the same time, JP Morgan believes that the current market has seen some similar phenomena before Trump's election in 2016, such as the rise in US Treasury yields and the US dollar index (DXY) in recent days, which is also very strong.
According to JP Morgan's analysis, although the competition in the US election is very fierce, the financial market does not seem to show any signs that Trump will win. They predict that the election campaign will become more intense and heated in the coming month as Election Day approaches.
🔍Viewpoint:
If the market begins to anticipate that Trump may be elected, risk assets, including Bitcoin, altcoins, and stocks, may be boosted. In short, as the US election approaches, market sentiment will become more nervous and uncertain.
👇Finally, what do you think about the impact of the Middle East war and the US election on Bitcoin and gold prices? How likely do you think Trump is to be elected? Will this be more beneficial to the cryptocurrency market and the US stock market? Welcome to leave your views in the comment area!
