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Trump or Biden? Bitcoin wins regardless of US election — Barry Silbert

Published 10/29/2020, 09:32 AM
Updated 10/29/2020, 11:20 AM
Trump or Biden? Bitcoin wins regardless of US election — Barry Silbert

Whether it is a Democratic sweep led by Joe Biden or a Donald Trump reelection, Bitcoin (BTC) would likely thrive. Industry executives, including DCG and Grayscale CEO Barry Silbert, say both a Trump or a Biden win would buoy BTC.

The optimistic stance of industry execs despite the glaring election risk comes after Grayscale’s Bitcoin study.

Interest in Bitcoin rises from 36% to 55% in one year. Source: Grayscale
The potential market for Bitcoin in the U.S. is now 32 million investors. Source: Grayscale

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