Why The Upcoming US Election is Bitcoin’s Biggest Risk

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Bitcoin broke up through $12,000 but is now crashing. Gold set a new all-time high but has since pulled back. The S&P 500 keeps on setting high after high. Still, all of these assets have one thing in common: they’re all at risk for a sizable correction, primarily due to the dark cloud hanging over the coming United States 2020 Presidential election. Here are all the reasons why the coming showdown between Trump and Biden could deal a deadly blow to markets, especially Bitcoin. What a Biden or Trump Win Means For Bitcoin And Global Markets This coming November, the United States will see President Donald J. Trump defend his presidency against former Vice President Joe Biden. Election years are always pivotal years for the United States and for the global financial market. The uncertainty of a potential regime change and how that could impact corporate tax law has led…

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