Bitcoin

<p>The recent US presidential debate between Donald Trump and Kamala Harris triggered a cautious approach in the cryptocurrency market. Analysts suggest that Trump&#39;s lackluster performance led to a decline in Bitcoin&#39;s value. Post-debate, <a href="https://cryptotale.org/bitcoin-consolidates-eyes-key-resistance-for-next-breakout/" rel="noopener noreferrer nofollow">Bitcoin</a> dropped 2.5%, sliding from $57,700 to $56,100, before stabilizing slightly at $58,000.</p><p>Trump’s performance in the latest debate was poor compared to previous ones, such as the ones he had with Joe Biden. This specific view is generally accepted and is blamed for the adverse behavior seen in the market.</p><h2 id="header-0">Stock Recovery Post-Debate</h2><p>Following the initial <a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">market</a> downturn, crypto-related stocks saw a rebound. This shift occurred after polls indicated a preference for Harris&#39;s performance over Trump&#39;s. For instance, Coinbase&#39;s stock plummeted to a low of $150 on September 11 but recovered to about $157 in after-hours trading.</p><p>In the beginning, companies that are relevant to <a href="https://cryptotale.org/donald-trumps-push-for-u-s-bitcoin-mining-and-its-impact-on-2024-politics/" rel="noopener noreferrer nofollow">Bitcoin mining</a>, in this case, Marathon Digital and Riot Platforms, saw a decrease in their share prices but saw some slight restoration tables by the latter end of the trading day. On the other hand, Hut 8 Mining Corp was the only business entity to close the day with an uptrend, gaining an increase in price of stock of 1.29 percent.</p><h2 id="header-1">Public Opinion and Market Sentiment</h2><p>In<a href="https://today.yougov.com/politics/articles/50498-harris-wins-the-presidential-debate-poll" rel="noopener noreferrer nofollow"> YouGov </a>and <a href="https://edition.cnn.com/2024/09/11/politics/election-poll-trump-harris-debate/index.html" rel="noopener noreferrer nofollow">CNN’s polls</a> that were conducted after the debate, Harris emerged as the most preferred candidate among the viewers. These polls then affected the market&#39;s reaction. The crypto industry remained in wait-and-see mode, pending clearer signals on policy favoring one candidate or the other.</p><p><a href="https://cryptotale.org/crypto-market-rebounds-as-harris-outshines-trump-in-debate/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a></p><p><strong>Visit the links for more information </strong><a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|</p>

Crypto Market Rebounds as Harris Outshines Trump in Debate

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