Jaret Seiberg is an analyst at TD Cowen. He suggests that Kamala as president of the United States, would be less hostile to the crypto market than Joe Biden.
Donald Trump, on the other hand has made several pro-cryptocurrency comments in recent months.
This means that the US Presidential election of 2024 in November could be an important catalyst for digital assets regardless of who wins the White House.
This potential tailwind could be a compelling investment hypothesis for considering a Bitbot position as early as August.
Bitbot could benefit from Harris as POTUS
Jaret Seiberg believes that Kamala as US President would be more willing to support policies that help the crypto industry mature.
Chuck Schumer, Majority Leader of United States Senate, took a positive position on the crypto market when he spoke recently at the Crypto4Harris Event.
“I believe that we can achieve my goal of getting something passed by the Senate and into law before the end of the calendar year.”
Bitbot could see further gains if these macro-events are combined. This link will give you more information about this Telegram trading robot and its native meme currency.
Here’s Why Bitbot is the best among its competitors
Bitbot is a more attractive investment than Maestro, Bonkbot or Banana Gun, because it allows you to take advantage of the continued growth in AI.
This trading bot is unique in that it offers a Telegram interface and sentiment analysis.
Bitbot shares 50% revenue with its users, who can also earn 35% referral rewards. All of this is in place to attract new users and ultimately boost the price tag of the native Bitbot coin.
Bitbot is more secure than its competitors due to self-custody. Click here to visit Bitbot’s website.
What is the impact of interest rates on Bitbot?
Bitbot is more than just hype. This is evident by the high demand during its presale, which raised millions of dollars in just a few short weeks.
A possible listing on crypto exchanges may soon make Bitbot accessible to those interested in meme currencies, thus driving further upside for it.
Note that meme coins – at least those focused on building a community like Bitbot – tend to experience explosive growth in the early stages. This adds to the reasons why Bitbot’s native coin could be worth investing in the year 2024.
A rate cut announced by the Federal Reserve in September could materially benefit Bitbot.
Lower interest rates tend to increase demand for risky assets such as cryptocurrencies. Visit the Bitbot site to learn how to invest in its native cryptocurrency token.
This post Bitbot could be worth buying before the US Presidential election: Here’s Why may be modified as updates occur
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