Home / Cryptocurrency / Joe Biden Wins US Election According to Major Networks, Bitcoin Waivers

Joe Biden Wins US Election According to Major Networks, Bitcoin Waivers

AP News today declared that Joe Biden has won the U.S. elections. Bitcoin dropped slightly shortly after the news, signaling the market’s initial concerns about the President-elect.

Bitcoin Bearish on Biden

President Trump has yet to concede the election, but news agencies around the world have declared Biden the victor of the Presidential election.

Biden nabbed 284 electoral votes. Only 270 are needed to claim victory.

Shortly after the news, Bitcoin dipped below $15,200 after a strong run to new yearly highs this week.

Bitcoin price
Source: CoinGecko




Source link

Check Also

Why a “Blue Wave” Victory in U.S. Politics Is Bullish for Bitcoin

Key Takeaways “It’s never been good for markets to have one party control everything,” says ...

Leave a Comment:

Your email address will not be published. Required fields are marked *