The first US presidential debate between Donald Trump and Vice President Kamala Harris took place last night and had a noticeable impact: Bitcoin’s price fell slightly, and Trump’s odds of election victory dropped 3% on Polymarket. This raises questions over what sort of impact the election’s outcome in November may have. Bernstein analysts predicted that a Trump victory could send BTC to $90,000 by the end of the year, while other analysts have suggested a Harris victory could spell a $30,000 price. Japan’s Metaplanet seems unphased, though, as it gets back to scooping up sats, becoming the third largest corporate holder in Asia. And that’s just Bitcoin! There’s a lot more I need to catch you up on, so carve 10 minutes out of your day for a debrief.
Further reading:
- Bitcoin drops on Trump-Harris debate, with BTC price down 2.2% pre-CPI
- Bitcoin shorters ‘likely to get burned’ if CPI prints as expected
- Japan’s Metaplanet up 6% as Bitcoin stack nears 400 BTC
- Harris-Trump debate: Trump’s odds to win election fall 3% on Polymarket
- Crypto becomes US election issue for the first time — Survey
- North Carolina Senate overrides governor veto, passes bill banning CBDC