Matrixport: Bitcoin's trend may not be affected by the U.S. election, maintaining a positive performance

ChainCatcher news, Matrixport's latest report points out that while people are focused on the impact of the next U.S. president on Bitcoin, the actual influence may be more reflected in the regulation of the Bitcoin ecosystem rather than Bitcoin itself. During the Republican (2016-2020) and Democratic (2020-2024) administrations, cryptocurrencies experienced strong growth.

Therefore, despite the media buzz surrounding the upcoming election, regardless of who takes office in the White House, Bitcoin may continue to perform positively.