JP Morgan Explains the Impact of Donald Trump's Presidency on Bitcoin (BTC) and Gold Prices!
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 31 2024
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Should l Buy ?
Source: Coinmarketcap
Bitcoin's Surge Ahead of US Elections: Bitcoin has surpassed $73,000 as the US elections approach, with expectations that its price may rise further if Trump wins, driven by increased interest from individual investors.
JP Morgan's Analysis on Investor Behavior: JP Morgan analysts indicate that a potential Trump victory could boost demand for Bitcoin and gold ETFs among retail investors, suggesting a trend towards riskier assets and more speculative trading.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
