Altcoins Price & The November 2020 USA Elections

[sampoerna]

In my opinion, ETH price is incresing after the annuncement of the US news. Is it relaly correlated? I is interested f day so actually moreove rin the crypto world. If it is about the USA election, today the process has ended and many people will really be ready with the new feature and development of this island

[ayatoslaw]

In my opinion, ETH price is incresing after the annuncement of the US news. Is it relaly correlated?

If the USA election has an impact on the overall cryptocurrency price I agree, but if specifically for ethereum I disagree due to the rise of ethereum the last few weeks due to ETH 2.0 update,
many investors prepare to become validators by only having 32 ETH.

[lepbagong]

In my opinion, ETH price is incresing after the annuncement of the US news. Is it relaly correlated?

If the USA election has an impact on the overall cryptocurrency price I agree, but if specifically for ethereum I disagree due to the rise of ethereum the last few weeks due to ETH 2.0 update,
many investors prepare to become validators by only having 32 ETH.

it could be that what you say about the US president election affects the price of crypto is a truth that currently bitcoin is increasing, but not for altcoins it seems that altcoins are surprised by the fast movement of bitcoin. but it is certain that altcoins will also follow to increase.

[Paglamon]

The US election will have no effect on cryptocurrency. Biden has won the current US election. Donald Trump announced long ago that he is not a fan of cryptocurrency. It had no effect on cryptocurrency. Cryptocurrency will not depend on the support of any president in the future. The trend of cryptocurrency improvement will continue.

[@chison]

The 2020 USA presidential election did not really have an impact on the bitcoin price. The price kept growing on an organic scale despite the uncertainty that followed the election. Cryptocurrency is gain huge global recognition.

[Lorix]

Since there are plenty of cryptocurrency traders and investors in the United States. There are a lot of cryptocurrency transactions in the United States. The United States has a much better economy than any other country in the world. Cryptocurrency plays a role in keeping this developed economy afloat. So I think if the President of the United States announces that he supports bitcoin or cryptocurrency. Then you can go further. However, if it is declared against, there will be no downward effect.

[jet]

alts have been struggling a lot and only few have excel, I won't be surprised by this trend because there were so many alts in the marketplace. only those who have a good foundation would stands amidst this competition among all alternative coins.

[MRM]

The price of Bitcoin rose a few days ago. There is a possibility of growth even now. However, the US election is not responsible for the rise in the price of Bitcoin. Digital currency transactions have increased a lot around the world. As a result, the demand for Bitcoin is constantly increasing. Bitcoin is being used as a digital medium of transaction for trading all over the world. This is why the price of Bitcoin has increased.

[Rubel007]

Actually no crypto is dependent on any particular country election. It is only depend on the buy order basically. USA election can be happen and here one impact can be imposed on the price. Other wise nothing.   

[Tanimariya]

Moving away from cryptocurrency could wreak havoc on the US economy. There are lots of investors and traders out there. Those users may be harmed. If cryptocurrency is banned inside the country, it will never be established. Because there are a lot of cryptocurrency users in a country. So I don't think cryptocurrency depends on the president of the United States.