Poll: 55.9% Predict Bitcoin Surge in Event of Trump Victory

IconCryptoNewsTerminal Staff07 Jul, 2024

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Poll: 55.9% Predict Bitcoin Surge in Event of Trump Victory

According to a weekly survey on domestic investment market trends conducted by Cryptonewsterminal and Kratos, a majority of respondents (55.9%) predict a rise in Bitcoin's value in the event of a Donald Trump victory in the upcoming U.S. presidential election in November. This indicates a shift in sentiment compared to last week, when only 33.9% of respondents anticipated a surge. The survey also revealed that 41.4% of respondents expect sideways movement in Bitcoin's price, while 18.6% predict a decline. When asked about their overall market sentiment, 52.9% reported feeling neutral, with 29.0% expressing optimism and 18.1% expressing fearfulness. These findings suggest that investors are cautiously optimistic about Bitcoin's future, with expectations of a positive response to a Trump victory. However, it's important to note that market predictions can be volatile and subject to change based on various factors.

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