bitcoin
Bitcoin (BTC) $ 83,383.34
ethereum
Ethereum (ETH) $ 1,902.69
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 578.67
xrp
XRP (XRP) $ 2.31
cardano
Cardano (ADA) $ 0.719863
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.214152
binance-usd
BUSD (BUSD) $ 0.998826
dogecoin
Dogecoin (DOGE) $ 0.169542
okb
OKB (OKB) $ 45.08
polkadot
Polkadot (DOT) $ 4.15
shiba-inu
Shiba Inu (SHIB) $ 0.000012
tron
TRON (TRX) $ 0.221392
uniswap
Uniswap (UNI) $ 5.90
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 83,205.29
dai
Dai (DAI) $ 0.999749
litecoin
Litecoin (LTC) $ 90.54
staked-ether
Lido Staked Ether (STETH) $ 1,896.70
solana
Solana (SOL) $ 126.06
avalanche-2
Avalanche (AVAX) $ 18.72
chainlink
Chainlink (LINK) $ 14.09
cosmos
Cosmos Hub (ATOM) $ 4.03
the-open-network
Toncoin (TON) $ 2.83
ethereum-classic
Ethereum Classic (ETC) $ 18.07
leo-token
LEO Token (LEO) $ 9.73
filecoin
Filecoin (FIL) $ 2.84
bitcoin-cash
Bitcoin Cash (BCH) $ 331.27
monero
Monero (XMR) $ 207.26
Friday, March 14, 2025
More
    bitcoin
    Bitcoin (BTC) $ 83,383.34
    ethereum
    Ethereum (ETH) $ 1,902.69
    tether
    Tether (USDT) $ 1.00
    bnb
    BNB (BNB) $ 578.67
    usd-coin
    USDC (USDC) $ 1.00
    xrp
    XRP (XRP) $ 2.31
    binance-usd
    BUSD (BUSD) $ 0.998826
    dogecoin
    Dogecoin (DOGE) $ 0.169542
    cardano
    Cardano (ADA) $ 0.719863
    solana
    Solana (SOL) $ 126.06
    matic-network
    Polygon (MATIC) $ 0.214152
    polkadot
    Polkadot (DOT) $ 4.15
    tron
    TRON (TRX) $ 0.221392
    HomeAll CoinsNftTrump's Election Possibilities Propel Crypto Market, Bitcoin Stays Stagnant

    Trump's Election Possibilities Propel Crypto Market, Bitcoin Stays Stagnant

    • Bitcoin stays comparatively steady, whereas altcoins and stablecoins present exceptional progress.
    • Peter Schiff expresses considerations over Bitcoin's weak efficiency regardless of Trump's rising odds.
    • Schiff feedback that the rising group shopping for of BTC could have weakened the worth motion.

    The worldwide crypto market is on the rise as former President Donald Trump's election possibilities in opposition to Vice President Kamala Harris enhance. Though Bitcoin stays comparatively steady, economist Peter Schiff famous that Bitcoin is the one asset that isn’t recovering. Many consider that Trump's potential victory within the presidential election is a constructive sign for Bitcoin, however Schiff's feedback have sparked hypothesis.

    The market capitalization of cryptocurrencies now reaches $2.32 trillion, whereas the stablecoin market reaches $173 billion. Main gamers within the altcoin market have additionally seen notable good points over the previous few days. The latest bullish pattern within the crypto market is primarily pushed by expectations of Trump profitable the upcoming election. In line with Polymarket's prediction market, Donald Trump holds a 27.6% lead over Kamala Harris, with odds of 63.7% to her 36.1%.

    See also  KuCoin launches a brand new funding product and two commemorative occasions

    Notably, the crypto trade has confronted stricter rules and anti-crypto insurance policies underneath President Joe Biden's administration. Trump, nonetheless, presents himself because the “president of crypto” and the group stays optimistic about his pro-crypto stance. Lisa Wade, Chair of the Digital Economic system Council of Australia, mentioned:

    Additionally Learn: Nigerians Flip To Bitcoin As Naira Plummets

    “Cryptocurrency markets have suffered from regulatory uncertainty globally, so Trump's victory would symbolize a seismic shift provided that the Securities Trade Fee underneath Biden has been regulating by way of enforcement and trying to destroy the trade. “

    Fueled by Trump's assist for Bitcoin, trade specialists together with Robert Kiyosaki consider {that a} Trump victory may push Bitcoin to new all-time highs. Nevertheless, Schiff stays doubtful about how sluggish Bitcoin is at the moment in comparison with the booming altcoin market. He raised the query: “Why isn’t Bitcoin rising alongside Trump’s rising possibilities of being elected?” » Schiff recommended that large-scale group purchases of Bitcoin might be the explanation for the coin's poor efficiency.

    At press time, Bitcoin was buying and selling at $67,138, marking a slight 24-hour decline of 0.61%. Over the previous week and month, the asset noticed slight good points of 0.14% and 5%, respectively. Schiff's feedback proceed to lift considerations about Bitcoin's stagnant efficiency, regardless of Trump's rising possibilities of being elected.

    See also  Web3 gaming startup PiP World secures $10 million in seed funding from Exinity, the main international fintech group

    Disclaimer: The knowledge offered on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any sort. Coin Version just isn’t answerable for any losses arising from using the content material, services or products talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.

    RELATED ARTICLES

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Most Popular