for Bitcoin in the long run!!
2020 Election:
After Joe Biden's victory in November 2020, Bitcoin steadily rose from around $15,000 to over $50,000 by the end of 2020. This was likely driven by increased institutional adoption and the perception that a Biden administration would take a more welcoming stance towards crypto.
2016 Election:
When Donald Trump won the 2016 election, Bitcoin initially dropped around 5% in the immediate aftermath. However, it then rebounded and went on to have a strong 2017, reaching nearly $20,000 by the end of the year. Investors seemed to view the Trump administration as crypto-friendly overall.
2012 Election:
In the months following Barack Obama's 2012 re-election, Bitcoin continued its steady climb, going from around $10 at the time of the election to over $1,000 by the end of 2013. This was part of Bitcoin's early mainstream adoption phase.
In the longer term, Bitcoin has continued its upward trajectory regardless of the administration in power.
As long as there is no uncertainty about the outcome. Uncertainty is always bad
Well said,and looks like Kamala is winning it this time for sure
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