US Presidential Debate 2024 

The impact of the 2024 US election has the potential to affect the market for Bitcoin and other crypto assets. Check out the price fluctuation analysis and investor strategies in this article!

The Impact of the US Election on Bitcoin and Other Cryptocurrencies

<img src="https://static.bittime.com/cms-static/upload/The_Impact_of_the_US_Election_on_Bitcoin_and_Other_Cryptocurrencies_a04bde097b.webp" alt="The Impact of the US Election on Bitcoin and Other Cryptocurrencies.webp" width="2048" height="1152"><meta charset="utf-8"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a> -&nbsp;As the 2024 US presidential election approaches, many are wondering how the election results will affect the Bitcoin and other cryptocurrency markets. Investors are bracing for significant fluctuations after the election.&nbsp;Their attention is focused on Bitcoin price movements which are currently at the level of $68,444 (Rp. 1,084 billion). With political uncertainty hanging over the market, this dynamic could have a major impact not only on Bitcoin but also on the entire cryptocurrency ecosystem.Bloomberg&nbsp;reported that after a major drop in global markets in August, Bitcoin's 30-day latent volatility index peaked. This index, created by CF Benchmarks, is based on Bitcoin option prices on the CME, indicating signs of uncertainty in the market.&nbsp;The high volatility in this index indicates that Bitcoin investors are preparing for various possible outcomes of the US election.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?cn=400001"><img src="https://static.bittime.com/cms-static/upload/join_registrasi_lucky_draw_2a7ca2565e.webp" alt="join registrasi lucky draw.webp" width="601" height="301"></a><h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:14pt;" dir="ltr">Expected Fluctuations Post US Election</h2>Caroline Mauron, co-founder of Orbit Markets, noted that the market is expecting an 8% fluctuation in the day after the election. This figure is much higher compared to normal volatility which is usually only around 2%.&nbsp;Interestingly, Mauron also explained that no significant fluctuating premiums are expected in the market after November 7th. This indicates hope that the election results will be confirmed quickly.&nbsp;Read also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/berapa-harga-terendah-bitcoin-di-2024-ini-prediksi-analis">What will be the lowest price of Bitcoin in 2024? This is Analyst Prediction</a>However, with public opinion polls showing tight competition, this prediction may be too optimistic. Investors remain alert to various possible scenarios.<h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:14pt;" dir="ltr">Bitcoin Price Movement Estimated Between $60,000 and $80,000</h2>The strategy taken by Bitcoin investors ahead of the election reflects an even split between buy and sell options. This shows that they are adopting a dual approach in dealing with the upcoming uncertainty.&nbsp;According to a report from Derive.xyz, this double position could cause Bitcoin prices to fluctuate between $60,000 (Rp. 942 million) and $80,000 (Rp. 1.256 billion) in November.&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/airdrop/BabyDoge?cn=400001"><img src="https://static.bittime.com/cms-static/upload/OPS_Baby_Doge_Staking_5ebc1b8dc4.webp" alt="OPS - BabyDoge + Staking.webp" width="600" height="301"></a>Data from Deribit also confirms the expected movement in this range. A high level of open interest in the options market indicates that investors are speculating across a wide price spectrum.In the midst of this uncertainty, investors are taking steps to protect themselves from possible fluctuations. Currently, BTC is trading at $68,444 (Rp. 1,084 billion), recording a rise of 0.63% in the last 24 hours.&nbsp;With so many factors influencing the market, it is important for investors to remain vigilant and ready to adapt to rapid changes.Read also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/bitcoin-atm-provider-itu-apa">What is a Bitcoin ATM? Definition and List of Providers</a><h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:14pt;text-align:justify;" dir="ltr">Conclusion</h2>The impact of the US election on Bitcoin and the cryptocurrency market as a whole will depend largely on the outcome of the election and the market's reaction to it. Political uncertainty and expected price fluctuations add layers of complexity for investors.&nbsp;In conditions like these, understanding and preparing for various scenarios is the key to maintaining investment stability. In the ever-changing crypto world, being prepared to deal with market fluctuations is one of the best strategies to take.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:10pt;text-align:justify;" dir="ltr">How to Buy Crypto on Bittime</h2><img src="https://static.bittime.com/cms-static/upload/Cara_Beli_NEW_e4ecd75e9d.webp" alt="Cara Beli NEW.webp" width="753" height="301">Want to trade sell<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://play.google.com/store/apps/details?id=com.bittime.currency.exchange&amp;hl=id"> buy Bitcoins</a> and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!Check the exchange rate<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/converter/btc-to-idr"> BTC to IDR</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/converter/eth-to-idr"> ETH to IDR</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/converter/sol-to-idr"> SOL to IDR</a> and other crypto assets to find out today's crypto market trends in real-time on Bittime.

The Impact of the US Election on Bitcoin and Other Cryptocurrencies.

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The Impact of the US Election on Bitcoin and Other Cryptocurrencies.webp

As the 2024 US presidential election approaches, political-themed tokens are seeing significant movement. After the last debate, MAGA prices even plummeted. Check out the news!

MAGA Coin Prices Fall After Trump vs Kamala Harris Debate

<img src="https://static.bittime.com/cms-static/upload/MAGA_Coin_Prices_Fall_After_Trump_vs_Kamala_Harris_Debate_77fa09f15a.webp" alt="MAGA Coin prices fall" width="1024" height="576"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?content_id=news&amp;cn=400001">Bittime</a> -&nbsp;As the 2024 US presidential election approaches, the crypto market is experiencing significant movements, especially regarding politically themed tokens.&nbsp;One token in the spotlight is MAGA Coin, a cryptocurrency designed to support Donald Trump's re-election campaign.&nbsp;The coin has attracted the attention of speculators who believe its value is tied to Trump's political success. However, recent events show a change in sentiment, especially after the debate between Trump and Kamala Harris.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a><h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;" dir="ltr">Debate Triggers MAGA Coin Price Drop</h2>During the presidential debate, Trump mentioned MAGA Coin in his opening statement, using it as part of an attack on Kamala Harris. He accused Harris of adopting his political ideology, even joking that he would send her a MAGA hat.&nbsp;“This will be the end of our country,” Trump said, adding, “He's a Marxist, everyone knows he's a Marxist. His father was a Marxist professor. He taught him well.”However, despite Trump's tough talk, the mention of MAGA Coin seemed to have the opposite effect on the market. The coin dropped more than 8%, falling as low as $3.06 shortly after the debate began.&nbsp;Investors reacted negatively, suggesting that the mention of Trump may have frightened his supporters rather than energized them. The sharp decline reflects growing uncertainty about Trump's political future.Read also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/harga-meme-coin-trump-turun">Trump Meme Coin Prices Drop During Presidential Candidate Debate</a><h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;" dir="ltr">Skepticism Over Trump's Crypto Policy</h2>Even though Trump has promised supportive policies for crypto, investor confidence remains shaky. Meme coins such as MAGA Coin and TrumpCoin have become highly speculative assets, with their value often fluctuating based on Trump's chances in the election.&nbsp;The latest decline suggests that Kamala Harris may be gaining momentum, especially after her performance in the debate. Surveys show Trump struggling to maintain his lead over Harris, further dampening enthusiasm for MAGA Coin.Moreover, doubts about Trump's future extend beyond the crypto market. Shares of his media companies also hit rock bottom, reflecting a decline in confidence among investors.&nbsp;As the election approaches, the volatility surrounding MAGA Coin highlights the risks of tying the fate of cryptocurrencies to political figures.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/staking?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_staking_coin_8abe277d88.webp" alt="banner staking coin.webp" width="2985" height="620"></a><h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;" dir="ltr">Kamala Harris Increasingly Superior?</h2>This debate marked the first public meeting between Trump and Harris since Joe Biden withdrew from the race in July. Biden's withdrawal came after a disappointing debate performance, leaving Harris as the Democratic Party's leading candidate.&nbsp;With surveys showing Harris gaining momentum, MAGA Coin's decline suggests that investors may be reconsidering Trump's chances of winning.<h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;" dir="ltr">Conclusion</h2>In conclusion, MAGA Coin's performance in the crypto market is closely tied to Trump's political fortunes. The sharp decline after being named in the debate raised questions about her electoral prospects, especially as Harris continues to gain support.&nbsp;As the race heats up, the fate of MAGA Coin—and Trump's political future—remains uncertain.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:10pt;text-align:justify;" dir="ltr">How to Buy Crypto on Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a><meta charset="utf-8">You can buy and sell crypto assets in an easy and safe way via&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a>. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a>, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.&nbsp;Learn<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy"> How to Buy Crypto on Bittime</a>.Monitor price chart movements of&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC">Bitcoin (BTC)</a>,&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH">Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL"> Solana (SOL)</a> and other cryptos to find out today's crypto market trends in real-time on Bittime.

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In the first US presidential debate, Polymarket predicted Trump's chances of winning to reach a record high, namely 69%. Why? Read this article to find out!

Polymarket Predicts Trump to Win US Election 2024

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Polymarket, Trump, US Election.png

 In the first US presidential debate between Donald Trump and Joe Biden, crypto prediction market Polymarket predicted that Trump's chances of winning reached a record high of 69%. 

Polymarket Predicts the Winner of the 2024 US Presidential Election

Polymarket is a crypto prediction platform that uses blockchain technology to facilitate betting on various events, including the outcome of the presidential election. In recent years, the platform has attracted the attention of many users due to its accuracy in predicting the outcome of major political events. 

Polymarket market predictions are often considered reliable indicators because they are based on real bets from users who place their money on outcomes they believe in. After the debate took place, Polymarket noted that Trump's chances of winning the 2024 presidential election jumped significantly. 

Even though the data has fallen, it currently shows that Trump's chances of winning are at 65%, while Biden's chances are only 29%. The funds collected in this betting pool reached 187 million US dollars.

Polymarket Prediksi Trump Menang Pemilu AS 2024

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In the 2024 election, the significant increase in Trump's odds of winning on Polymarket reflects strong market sentiment. Before the first debate, Trump's chances of winning were at a lower rate. 

However, after the debate, that figure jumped to 69%. This shows that Polymarket users believe that Trump's performance in the debate strengthens his position in the upcoming election.

In contrast, Biden's odds of winning remain stable at 29%, indicating that despite some support, many Polymarket users still doubt Biden's ability to win this election. 

Factors such as economic policy, immigration, and foreign policy discussed in the debate may have influenced users' views of both candidates.

The presidential debate between Trump and Biden hosted by CNN in Atlanta, Georgia, played an important role in shaping public opinion. This debate discusses various important issues such as the economy, abortion, immigration, and foreign policy. 

However, technology and the digital asset industry are not widely discussed, despite hopes from the crypto industry to get clarification on regulations that might affect their future.

Many political observers believe that the debate gave Trump an edge due to his clearer and more forceful voice, although many of his statements were disputed by fact checkers. On the other hand, Biden sounded weaker as he reportedly had a cold, which is possible influence performance in the eyes of the public.

For the crypto industry, the results of this presidential election are very important. Many industry players hope that Congress and the next administration will be friendlier to digital asset businesses. 

To support pro-crypto candidates, companies like Coinbase, Ripple, and Andreessen Horowitz have poured large sums into political action committees (PACs) like Fairshake.

With increasing interest in political betting on Polymarket, more and more people are using the platform to place their bets based on predicted election results. This not only provides insight into public views, but also helps map out likely outcomes based on betting data.

You can buy and sell crypto assets in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor graphic movement Bitcoin (BTC), Ethereum (ETH), Solana (SOL) price and other cryptos to find out today's crypto market trends in real-time on Bittime.

Polymarket: Trump’s Chances of Winning 2024 US Election Increase!

After being frequently mentioned by Trump and Biden, apparently the cryptocurrency issue was not discussed in the first debate for the 2024 US election. Check out the news here!

2024 US Presidential First Debate.

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2024 US Presidential First Debate.png

The highly anticipated first debate of the 2024 United States presidential election has finally been held. However, crypto players seem disappointed that the issue of cryptocurrency regulation was not touched upon at all. In fact, both Trump and Biden often mentioned crypto before the 2024 US presidential debate was held. 

Focus of the 2024 US Presidential Debate 

The debate, held in Atlanta, Georgia, was hosted by CNN's Jake Tapper and Dana Bash, and attended by President Joe Biden and former President Donald Trump, who are each their party's top candidates.

The 90-minute debate began with a discussion of the economy, including inflation, the cost of living and national debt in recent years. Additionally, other topics such as abortion, immigration, and foreign policy are also discussed. Unfortunately, discussions regarding technology policy and the digital asset industry do not receive adequate attention.

The cryptocurrency industry has been a hot topic this election cycle, especially after Trump began discussing cryptocurrency issues in his campaign, including promising to commute the sentence of Silk Road's Ross Ulbricht and making statements about regulation. 

On the other hand, the Biden campaign has not made any public statements on crypto, although his administration recently stated it wants to work with Congress on legislation regulating crypto.

The crypto industry is hoping to get Congress and an administration that is more supportive of digital asset businesses. For this reason, industry players plan to repeat large expenditures in elections as happened in 2022. 

Several large companies such as Coinbase, Ripple, and Andreessen Horowitz have donated nearly $50 million each to political action committees such as Fairshake to support candidates. 

The crypto industry has scored some wins in the early election season, with the support of PACs funding ads against Rep. Katie Porter (D-Calif.) is running for the Senate seat and Rep. Jamaal Bowman (D-N.Y.) in the primary for re-election.

Prediction markets at Polymarket gave Trump better odds of winning in November during the debate, with bets reaching 68 cents, compared to Biden's 29 cents. Each share would pay $1 if the prediction is correct, and zero if not, meaning the market believes Trump has a 68% chance of winning.

Crypto Becomes an Important Point in the 2024 US Presidential Election

Although the first 2024 US presidential debate did not address the issue of cryptocurrency as many in the industry had hoped, the topic remains a sticking point in this election cycle. 

The crypto industry continues to hope for legislation that is friendlier to digital asset businesses, while continuing to support candidates who support better regulation for the industry. As developments continue, industry observers will continue to monitor how the two candidates will address this issue in the future.

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

(SOL) price and other cryptos to find out today's crypto market trends in real-time on Bittime.

The Impact of the US Election on Bitcoin and Other Cryptocurrencies

MAGA Coin Prices Fall After Trump vs Kamala Harris Debate

Polymarket: Trump’s Chances of Winning 2024 US Election Increase!

Cryptocurrency Issues Not Mentioned in the 2024 US Presidential First Debate!