Trump Election Win May be Bullish For Cryptocurrency Markets, Bernstein Says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 13 2024
0mins
Source: Business Insider
Market Sentiment on Election Outcomes: Bernstein's report indicates that a Trump victory in the upcoming U.S. elections would likely boost crypto market sentiment, while a win for Kamala Harris could negatively impact it, as evidenced by recent shifts in bitcoin value and Polymarket odds.
Trump's Crypto Policy Engagement: The Trump campaign has actively engaged with the crypto community, promising favorable policies for bitcoin and even proposing a national bitcoin reserve, which they believe will attract crypto voters.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
