Bitcoin's Future Could be Tied to the Outcome of the U.S. Election: Jefferies

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Bitcoin's Future Could be Tied to the Outcome of the U.S. Election: Jefferies
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Will Canny is CoinDesk's finance reporter.

Trump’s promises to the crypto industry may mean the near-term bitcoin price is tied to the outcome of the election, the report said.

“His overtures to the industry to install crypto-friendly regulators may have the effect of near-term BTC price being tied to the outcome of the U.S. presidential election,” analysts Jonathan Petersen and Joe Dickstein wrote.

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