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Bitcoin Briefly Tops $68K Amid Biden's Withdrawal From Presidential Race: What's Next?
Financial markets, including currencies, shares, cryptocurrencies, and commodities, are poised to react to US President Joe Biden's withdrawal from the 2024 presidential race. Wall Street and European markets may face increased volatility.
Shares of Crypto-linked Stocks Are Trading Lower Amid a Drop in the Price of Bitcoin.
Shares of Crypto-linked Stocks Are Trading Lower Amid a Drop in the Price of Bitcoin.
Express News | Shares of Crypto-linked Stocks Are Trading Lower Amid a Drop in the Price of Bitcoin
Crypto Rests After Another Rise
The cryptocurrency market is near 6-week highs, with capitalisation near $2.44 trillion, adding 0.5% in the last 24 hours. A wait-and-see attitude and some profit-taking replaced active buying in the last three days starting Friday.
What does Biden's withdrawal mean for the global financial markets?
USA current President Joe Biden announced that he will not seek re-election, and supports Vice President Kamala Harris as the Democratic candidate. This news was released at a critical moment less than four months before the November election, which may exacerbate the instability of Wall Street.
Trump-Themed MAGA Coin Plunges 8% As Joe Biden Quits Presidential Race
The U.S. political landscape saw tectonic shifts as incumbent Joe Biden dropped out of the 2024 presidential contest against his arch-rival Donald Trump.
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