Tom Lee, managing partner at Fundstrat, said in an interview with CNBC that hopes of a Trump victory in the November election could boost asset prices, including bitcoin, which the market currently sees as more likely than polls suggest and sees as a good thing. "When the market believes this more, you see cyclical stocks, small caps, and bitcoin do better because those are clear policy differences."
FiveThirtyEight's current national poll puts Democratic nominee Kamala Harris ahead of Trump by 3.4 percent, compared with a 52 percent chance that cryptocurrency bettors on Polymarket will win.
Fundstrat Managing Partner: If Trump Wins the U.S. Election, Bitcoin Will Rise
2024-08-22 23:44:49
Fundstrat managing director partner tom lee accept cnbc interviewdesk3cryptocurrencydesktopCrypto News
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