Bitcoin bulls believe the price will go up no matter who wins in November
Lee said that some of bitcoin’s recent gains are linked to odds of a Trump win. On the flip side, “I don’t think bitcoin necessarily responds to Harris becoming president,” he said. “Bitcoin will then focus on a dovish bet because in an easing cycle, this is a big tailwind for risk assets, and that would be bullish for bitcoin.”
Fidelity now holds nearly 1% of all BTC after purchasing 5,000 more, valuing their total holdings at $11 billion.
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