Bitcoin’s Performance Unlikely to Be Impacted by the Upcoming US Presidential Elections

According to Odaily, Matrixport has published a chart showing that while much attention has been paid to the potential impact of the next US president on Bitcoin, the real impact may be on the regulatory environment of the Bitcoin ecosystem rather than Bitcoin itself. During the Republican administrations (2016-2020) and the Democratic administrations (2020-2024), cryptocurrencies experienced significant growth. Therefore, despite the media focus on the upcoming elections, Bitcoin is likely to continue its positive performance regardless of who takes office. $BTC

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