One thing is for sure, we will all be interested in how the US election will affect the price of the popular digital currency called “Bitcoin”. The United States government has been on a constant campaign to curb “bad” currencies. They have been doing this by cracking down on the currencies of countries like Venezuela which are doing very poorly economically.
Since the US has always had political unrest in the past, and even right now, there will always be political disagreements. One can expect that one or the other of these two candidates may not get along with another candidate. These disagreements will obviously make things worse, and it will also lead to problems in trade. If the two candidate’s run into a war of words or an economic downturn then the price of the currency will surely be affected.
If this is the case, will we see an impact on the price of the currency when President Obama wins the US election? Some people believe that there will not be a direct effect but rather that there will be a slow-down in the price of the currency. But if the US election will be more about who is going to win the election and who is going to be more popular, then we can expect that this will have a bigger impact.
It would not be very wise to buy the currency just because it will be lower than what you bought at the moment. You should know that the price of the currency might go up or down depending on how the US presidential election goes, so it would be much wiser to wait until the US election is over before buying the currency.
Many people will want to invest in the currency during the political debates so that they can be able to make money on it at the end of the day. However, many of them might have to invest a huge sum of money at the beginning of the presidential race because they might find it hard to wait until the end of the race when the market may fall lower again.
Therefore, how will the US election impact the price of the currency? Only time will tell. Hopefully it will be good and hopefully we will have a smooth and easy transition. In any case, this is something to look out for and watch for.