Analyst: US election may trigger bond market collapse, affecting assets such as Bitcoin
analysts from trading and financial services company Presto have stated that the US election may trigger a bond market collapse, which would also affect other assets such as Bitcoin. Presto analysts Peter Chung and Min Jung issued this warning after being interviewed by well-known investor Paul Tudor Jones on CNBC on Tuesday. Jones stated in the interview that in the current risk environment, he is bullish on Bitcoin, gold, commodities, and Nasdaq stocks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin’s repeating bearish engulfing trend and spot ETF outflows boost odds of sub-$60K BTC
SEC Chairman Addresses AI and Cryptocurrency Regulation Challenges
Tether CEO Advocates for Balanced U.S. Crypto Regulations