Analyst: US election may trigger bond market collapse, affecting assets such as Bitcoin
analysts from trading and financial services company Presto have stated that the US election may trigger a bond market collapse, which would also affect other assets such as Bitcoin. Presto analysts Peter Chung and Min Jung issued this warning after being interviewed by well-known investor Paul Tudor Jones on CNBC on Tuesday. Jones stated in the interview that in the current risk environment, he is bullish on Bitcoin, gold, commodities, and Nasdaq stocks.
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.
You may also like
Tether stops issuing EURT due to European regulatory environment
Sophon announced that it will launch the mainnet on December 18
Publicly traded company SOS Ltd. to buy $50 million worth of Bitcoin
The three major U.S. stock indices opened with mixed gains and losses