Bitcoin Price Predicts US Election
This is a US news story, published by CoinGape, that relates primarily to Bloomberg news.
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•Bitcoin price could be an important indicator as US election kicks off
61% Informative
Bloomberg analyst Eric Balchunas said that the Bitcoin price is a good indicator on US election day .
According to him, this is because Bitcoin was an important issue in the build-up to the election.
The Bitcoin price retested $ 70,000 as the US election kicks off.
The flagship crypto has always reached new all-time highs after every US presidential election cycle.
However, a Trump victory might still matter for other reasons.
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