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[FalconX Research Director: Bitcoin Market Shows Clear Bullish Bias In Options Activity Around The U.S. Election] David Lawant, Research Director At Cryptocurrency Market Maker FalconX, Said, "I Think The Market Consensus Is That Bitcoin Is Likely To Perform Well Regardless Of The Outcome Of The Election, And Our Analysis Shows That The Market's Options Activity Around The Upcoming Election Shows A Clear Bullish Bias." Republican Candidate And Former President Trump Openly Supports Cryptocurrencies, So Much So That Bitcoin Is Seen As A So-called "Trump Trade." His Democratic Opponent, Current Vice President Harris, Has Pledged To Support The Industry's Regulatory Framework, In Contrast To The Biden Administration's Crackdown On The Industry. Non-political Factors Such As Further Interest Rate Cuts By The Federal Reserve Are Seen As Fueling Optimism. (Bloomberg)
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