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First Biden-Trump Debate! Who Can Have the Upper Hand?
@Tiger_comments：
The first Biden-Trump debate is undoubtedly the most watched political event of the week. This debate marks their first encounter, but in September, Biden and Trump will face off again. Currently, observers generally believe that this round of debate is unlikely to determine a clear winner, but it is crucial for both sides' subsequent campaign strategies. Besides political discussions, investment opportunities are also not to be overlooked. If Trump gains an advantage in this debate, $Trump Media & Technology(DJT)$ is expected to see another surge. Trump-related stocks have been active several times, with DJT up nearly 90% year-to-date in 2024. Additionally, could Trump's election further boost Bitcoin? Bitcoin fell to $59,000 yesterday. Bernstein analysts suggest that as the Republican outlook improves and party leader Trump increasingly supports cryptocurrencies, cryptocurrencies could become the new “Trump trade.” Earlier this month, Trump met with leaders of several Bitcoin mining companies and expressed his support for cryptocurrencies. He stated that if re-elected, he would become an advocate for the cryptocurrency mining industry. Despite his pro-crypto signals, a report from TD Cowen indicates that if Trump is elected, he could still revert to being a crypto skeptic. Will you invest in $Trump Media & Technology(DJT)$ during the election year? With the recent drop in BTC, will you increase your holdings in related concept stocks? Who do you think will have the upper hand in the debate? Leave your comments and also post to win tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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