Bitfinex analyst: US presidential candidate debate stimulates risk aversion in crypto market
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Odaily Odaily News Bitfinex analysts said that the US presidential candidate debate between Harris and Trump stimulated risk aversion in the crypto market and was a "sell-news" event. After the debate, risk aversion trading behavior intensified. Analysts emphasized that Trump's victory is generally considered to be beneficial to risky assets including cryptocurrencies. Considering the recent news about his DeFi project and his campaign promise to remove Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), his involvement in the cryptocurrency field is now obvious. (TheBlock)
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