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.

Zhitong Finance03:08 ET

Biden's withdrawal leads to bullish sentiment in the cryptocurrency market! Crypto may become the biggest winner of the "Trump trade".

If Trump takes office again, those bitcoin miners and crypto companies that have been blocked from listing in the US may become big winners in the digital asset field.

Zhitong Finance21:59 ET

Biden's Odds Of Finishing Term Drop Sharply On Crypto Prediction Market, Coin Themed After President Bleeds 60%

The odds of President Joe Biden finishing his tenure dropped dramatically on a cryptocurrency-based prediction market as the 81-year-old announced withdrawal from the 2024 presidential race.

Benzinga21:19 ET

Warner Bros. Discovery & Coinbase Are Among 10 Large Cap Stocks That Shined Most Last Week (July 14-July 20): Are The Others In Your Portfolio?

These ten large-cap stocks were the best performers in the last week. Are they in your portfolio?Warner Bros. Discovery, Inc. (NASDAQ:WBD) stock escalated 18.28% after a report that the company had

BenzingaJul 21 09:57 ET

Are Hedge Funds Bullish on MicroStrategy Incorporated (MSTR) Right Now?

Yahoo FinanceJul 20 07:18 ET

NASDAQ is experiencing a major correction, where can you hide? The Dow Jones, gold, and US bonds are all falling, but bitcoin remains 'strong'.

Market style has changed due to factors such as improved prospects for Trump's campaign and increased expectations for interest rate cuts.

wallstreetcnJul 20 04:58 ET