US Election Not Likely To Impact Bitcoin Rally, VanEck Exec Says

Quick Summary:

VanEck Head of Digital Assets Research, Matthew Sigel has debunked recent claims of Bernstein that the upcoming US election will have a direct impact on Bitcoin.

This contrasting comment that dismisses the potential influence of the US Presidential Election 2024 on the BTC rally, has sparked investors’ interest.

He argued that the performance of the flagship crypto is less about politics and more about market sentiment and investors’ confidence.“Personally, I think BTC rallies whoever wins, on the removal of uncertainty.

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Article Details

Author / Journalist: Rupam Roy

Category: Crypto

Markets: India

Topics: Bitcoin (BTC) Price VanEck US Presidential Elections 2024 24/7 Cryptocurrency News Donald Trump Bitcoin Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-09 @ 16:09:07 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 523 words

Reading Time: 3 minutes read

Sentences: 49 lines

Sentence Length: 11 words per sentence (average)

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Copyright Owner: © CoinGape

News ID: 22427602

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