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Bloomberg ETF analyst: BTC surge may be one of the reactions to the US presidential election
Odaily Planet Daily News, Bloomberg ETF analyst Eric Balchunas posted on X platform that BTC suddenly pumped today, which may be one of the reactions to the US presidential election. Eric Balchunas added, "If anyone thinks BTC is not a good indicator worth following today, please tell me why. In my opinion, BTC seems to be a clean indicator because it's an issue in the election, while stocks and bonds are not so important, but I'm willing to hear other ideas."