Republican Sweep in U.S. Election Would be the Most Bullish Outcome for Coinbase and the Crypto Market: Citi

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Argentina Noticias Noticias

Argentina Últimas Noticias,Argentina Titulares

Will Canny is a finance reporter at CoinDesk.n

A potential Republican sweep of both chambers of Congress would be the most bullish result for Coinbase and crypto markets, the report said.

A Republican sweep in the upcoming U.S. election would be the most bullish result for both Coinbase and the wider crypto market, while a Harris victory and a divided Congress would likely lead to more uncertainty for the digital assets sector, Citi said in a research report on Wednesday. Still, a GOP victory in the Senate and a Democrat win in the House would still be a bullish outcome for Coinbase and crypto markets, the report said. The U.S. election will be held on Nov. 5 and results will be declared on Nov. 8.

A Harris victory and a Republican Congress would be an uncertain outcome for crypto markets, as she is yet to detail her crypto policy goals, the bank said, and a Democrat administration would likely keep many of the current agency heads to avoid potential challenges with Senate confirmation.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 291. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Buy any China dips, low sweep probability in US election good for stocks: BofABuy any China dips, low sweep probability in US election good for stocks: BofA
Fuente: Investingcom - 🏆 450. / 53 Leer más »