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Republican Sweep in U.S. Election Would be the Most Bullish Outcome for Coinbase and the Crypto Market: CitiTesla Is Moving Bitcoin; Trump-Supported Token Falls Flat
Coin Desk
Coin Desk
-October 18, 2024

Republican Sweep in U.S. Election Would be the Most Bullish Outcome for Coinbase and the Crypto Market: CitiTesla Is Moving Bitcoin; Trump-Supported Token Falls Flat

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Republican Wins Could Supercharge the Crypto Market

A Republican sweep in the upcoming elections could send Coinbase and crypto prices soaring. Analysts at Citi say this alignment would speed up crucial digital asset reforms, making it a bullish time for investors. Get ready to ride the wave!

Harris Victory? Expect Uncertainty in Crypto Land

If Kamala Harris wins and Congress stays divided, expect some major question marks for digital currencies. Citi warns that her lack of clear crypto policies could slow down progress and leave investors feeling uneasy. Not the vibe we want!

Coinbase’s Price Target Takes a Hit, But Holds Strong

Citi has trimmed its price target for Coinbase from $345 to $275 but still maintains a buy rating. The stock is looking a bit shaky in early trading, but long-term prospects could still be bright if the political winds shift favorably.

Trump's Crypto Project Sparks Excitement and Price Jumps

Trump’s new DeFi token sale is heating things up with Bitcoin bouncing back above $65K. It looks like the former president is trying to make his mark in the crypto space, which could stir up more interest among young investors.

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