Why the cryptocurrency market is the ‘biggest winner’ of U.S. elections
As the markets digest the just-concluded United States polls, it is emerging that the cryptocurrency space might be the biggest beneficiary of the elections. In this case, the benefits are coming from the fact that the sector was responsible for major financial backing that helped elect a wave of supportive candidates, Analysis by The Kobeissi Letter on November 8 indicated. The sector spent over $135 million through Political Action Committees (PACs), supporting over 50 candidates and securing 48 victories so far. Notably, as the tallying of the votes continue, the sector’s preferred candidates are ahead in all but three of the eight races. Picks for you Trading expert sets Bitcoin price for the weekend; Should you follow suit? 17 mins ago ...