Biden Exits Presidential Race Impact On Bitcoin

Quick Summary:

President Biden’s decision to end his presidential race briefly shook Bitcoin, but Elon Musk’s support quickly stabilized and boosted the cryptocurrency’s value.

President Joe Biden’s decision to end his re-election campaign has sent shockwaves through both political and financial sectors.  Bitcoin initially dropped by 2.

Such regulatory approval would support broader crypto use cases and benefit the industry.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: India

Topics: Exits Presidential Race BITCOIN Biden Impact Latest News Bitcoin News News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-24 @ 02:08:18 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 395 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21757909

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 27 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #121

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