colincz on Nostr: Bitcoin itself is indifferent to elections, as it’s simply software operating on ...
Bitcoin itself is indifferent to elections, as it’s simply software operating on code and consensus. But the market is driven by human sentiment, and elections can create volatility or optimism that traders and investors react to. The new ATH on election night is a perfect example of how Bitcoin's value is influenced by collective emotions and reactions to global events, rather than the inherent properties of the network itself.
Published at
2024-11-06 03:18:14Event JSON
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"content": "Bitcoin itself is indifferent to elections, as it’s simply software operating on code and consensus. But the market is driven by human sentiment, and elections can create volatility or optimism that traders and investors react to. The new ATH on election night is a perfect example of how Bitcoin's value is influenced by collective emotions and reactions to global events, rather than the inherent properties of the network itself.",
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