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  • 03 November

    How Will The United States Elections Affect Bitcoin Price?

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Tue, Nov 3, 2020 3:01 PM by Coinfomania

How Will The United States Elections Affect Bitcoin Price?

The United States dollar is the most used currency in the world. Traders execute most of the trading activities in the global market using USD. As a result of the dominance of the USD, anything affecting the U.S. affects global trade, including cryptocurrencies. The U.S. presidential election is one of the hottest topics in the world right now and it could affect the price of Bitcoin either positively or negatively.  To predict what will transpire after today’s election, it is important to consider what happened in previous elections. The U.S. election happens every four years, which coincides with Bitcoin’s halving.

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