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Bloomberg ETF analyst: BTC's sudden rise may be one of the reactions to the US presidential election

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2024-11-05 15:14:22
Bloomberg ETF analyst Eric Balchunas wrote on the X platform that BTC's sudden and instantaneous rise today may be one of the reactions to the US presidential election. Eric Balchunas added: "If anyone thinks bitcoin is not a good indicator to watch today, please tell me why. In my opinion, BTC seems to be a clean indicator because it is an issue in the campaign, stocks and bonds are less important, but I am open to other ideas."
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