Standard Chartered: Bitcoin could benefit from US fiscal dominance and Trump's victory
According to a recent analysis report by Standard Chartered Bank, if the US continues to maintain its financial advantage and if Trump wins the upcoming election, Bitcoin may benefit from it. Analysts believe that this situation may exacerbate the depreciation pressure on the US dollar, thereby driving investors to seek alternative assets such as Bitcoin as a value storage tool. In addition, certain economic stimulus measures that may be included in Trump's policies may indirectly promote the growth of the cryptocurrency market.
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.
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