Analyst: Bitcoin traders may face more dilemmas

ChainCatcher news, Bitcoin leads the decline in cryptocurrencies after a CNN poll and betting markets indicated that Harris performed better than Trump in the overnight U.S. presidential debate. Trump has promised to make America the world capital of cryptocurrency, while the Biden administration has a stricter stance on cryptocurrency regulation.

Naeem Aslam, Chief Investment Officer of Zaye Capital Markets, stated in a report: "Bitcoin traders are not happy today because their unwavering support for Trump has lost its foundation as the probability of Trump being re-elected as President of the United States declines." "Bitcoin has never been popular among investors and traders, but more pain seems to be on the way," Aslam said. (Jin Shi)