Bitcoin's Future Could be Tied to the Outcome of the U.S. Election: Jefferies
Briefly

from Coindesk1 month ago
Jefferies stated Trump's overtures to install crypto-friendly regulators may tie near-term Bitcoin price to the U.S. election outcome.
Coindeskhttps://www.coindesk.com/markets/2024/07/30/bitcoins-future-could-be-tied-to-the-outcome-of-the-us-election-jefferies/
Trump vowed to maintain a strategic Bitcoin reserve, not sell seized Bitcoin, and create a crypto industry advisory council to make the U.S. the 'crypto capital of the planet.'
Coindeskhttps://www.coindesk.com/markets/2024/07/30/bitcoins-future-could-be-tied-to-the-outcome-of-the-us-election-jefferies/
Bitcoin mining profitability post-halving is better than initial fears, as larger miners are growing with orders to expand, impacting competition and difficulty.
Coindeskhttps://www.coindesk.com/markets/2024/07/30/bitcoins-future-could-be-tied-to-the-outcome-of-the-us-election-jefferies/
Read at Coindesk
#bitcoin-price #crypto-industry #trumps-promises #mining-profitability #competition-in-mining-industry
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