QCP Capital: Regardless of the election results, the market may benefit
The latest analysis from QCP Capital points out that as Kamala Harris and Donald Trump are increasingly seen as supporters of cryptocurrency, the market could benefit regardless of the election results.
There have been no significant inflation or labor data recently, which provides an opportunity for cryptocurrencies to rise under lower risk premiums. The Bitcoin spot ETF further supports this view, recording its largest net inflow since June 4th at $555 million on Monday.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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