1. Bernstein: If Trump wins, Bitcoin prices may bottom out. 2. The adoption rate of cryptocurrencies surged by 6 in the first half of 2024

JIN10
2024.08.20 02:45
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According to Bernstein's analysis, if Trump wins the presidential election, the price of Bitcoin may hit bottom. In addition, the adoption rate of cryptocurrencies is expected to increase by 6.4% in the first half of 2024, mainly driven by Bitcoin and Ethereum. The latest agenda of the Democratic Party in the United States does not mention cryptocurrencies. At the same time, the total open interest of Bitcoin contracts across the network has risen to $30.13 billion. Market sentiment is significantly bearish, with a focus on yen arbitrage risks, and investors are showing strong interest in Bitcoin mining companies shifting towards artificial intelligence