Investment bank Jefferies: Trump's crypto promise may mean that short-term Bitcoin prices are closely related to the results of the US presidential election in November

Odaily News Investment bank Jefferies said Donald Trump's cryptocurrency commitment could mean that short-term Bitcoin prices are closely tied to the outcome of the November U.S. presidential election. At the BTC 2024 conference in Nashville on Saturday, Trump pledged to add Bitcoin to the U.S. strategic reserve and never sell Bitcoin seized by the U.S. government. (Coindesk)