Bitcoin’s Poor Start to Bullish October Continues, but There May Be Cheer Ahead for Bulls
Most gains come in the latter part of the month.
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Trump
Most gains come in the latter part of the month.
Former president reportedly bought burgers using bitcoin at the crypto-themed bar.
The bump came as Trump said he would launch the family-helmed World Liberty Financial project on Monday.
World Liberty Finance is helmed by Trump’s sons, Eric Trump and Donald Trump Jr, and the 18-year-old Barron Trump is the project’s “DeFi visionary.”
Bitcoin is expected to end the year at new all-time highs regardless of who wins the U.S. election, the report said.
Crypto wasn’t even mentioned during Tuesday’s U.S. presidential debate between former President Donald Trump and Vice President Kamala Harris. But there was a parallel universe of often-ridiculous trading around the faceoff – taking place on blockchain-based prediction markets and memecoin launchpads.
If Kamala Harris wins, bitcoin could drop to as low as $30K, the report said.
Donald Trump reiterated his promise to make the U.S. the crypto capital of the world if re-elected president during public remarks Thursday
In this week’s issue of CoinDesk’s weekly newsletter on blockchain tech, we’ve got the secret details underpinning the former president’s plan for World Liberty Financial, as well as the rankings of which tokens performed the least-poorly in ugly August crypto markets.
Harris led Trump in early August and betting odds reached 50-50 on the marketplace last month but shifted to Trump’s favor over the weekend.