The post Bitcoin wasn’t mentioned in the Trump v Biden debate. Bitcoin didn’t care appeared on BitcoinEthereumNews.com.

BTC briefly rose to $62,000 — this could be a reflection of how Biden’s stumbles may have deterred undecided voters from backing him, making a Trump win more likely. After a flurry of feverish speculation that crypto would be discussed during the first U.S. presidential debate, it didn’t end up getting mentioned once. But if we’re going to be brutally honest, this wouldn’t have generated many column inches anyway — especially considering the night was overshadowed by other events. Joe Biden’s exceedingly poor performance on stage alongside Donald Trump has instead grabbed the spotlight. The 81-year-old confused billionaires with trillionaires, appeared to freeze within the first few minutes, and abruptly changed topics while giving answers. It undoubtedly fuels searing questions about whether the Democrat would be up to the job if he was re-elected president in November. Even members of his own party described the debate as an “unmitigated disaster” and a “slow-moving car crash.” And while senior officials attempted to put a brave face on things — insisting Biden had nothing more than a cold — there are now growing calls for someone else to run in his place. For its part, Bitcoin didn’t seem to mind being omitted from proceedings. If anything, the world’s biggest cryptocurrency enjoyed an uptick in value during the debate, briefly topping $62,000.  Source: CoinGecko This could be a reflection of how the president’s continuous stumbles may have deterred undecided voters from backing him in the fall.  Prediction markets showed a sharp and sudden shift in the aftermath of the CNN debate. Zooming in on the issue of crypto specifically, and a Trump win is widely regarded as a good thing for the digital assets sector. He’s repeatedly vowed to introduce a slew of pro-Bitcoin policies if granted a second term, and has pocketed…

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Filed under: News - @ June 30, 2024 5:28 am