News View Non-AMP

Bitcoin Price Reacts to Biden-Trump Debate; Altcoins Drift Into Green Zone

Published by
Anjali Belgaumkar

President Joe Biden and former President Donald Trump had a heated face off at their first 2024 presidential debate today. From deep discussions on abortion policies to tackling inflation and addressing global conflicts in Ukraine and Gaza, the debate took a sharp turn when both sides hurled nasty accusations.

Absence of Cryptocurrency Discussions

Bitcoin has surged more than one percent and is trying to reclaim the $62k levels. The price briefly surged beyond the $62k levels. Talking about altcoins, Solana emerged as the biggest winner with more than seven percent gains. Avalanche and Polkadot also registered similar gains. Kaspa has surged more than 24 percent in the last 24 hours. Ethereum has also shown some upward trajectory and is trading close to the $3500 levels.

However, what disappointed keen crypto enthusiasts was their anticipation for a mention of Bitcoin or cryptocurrency during the debate, only to find that those terms were completely absent. But to everyone’s surprise, the market has painted a green picture and Bitcoin and most altcoins have drifted into the green zones. 

Social Media Reactions

While social media platform X is flooding with opinions about the debate, analysts are already predicting what’s next. Satoshi Flipper wrote, “A Trump victory would send the SP500 to 6000 and $BTC to $250k IMO and it’s going to happen. America will never forgive the Biden administration for the terror their border polices have caused American families. And the crypto population of 100M will never forgive Gary Gensler for shitting on us for 4 years. Biden doesn’t have a prayer vs Trump.”

However, MAGA (Trump) coin is down by more than 14 percent in the last 24 hours.

Read Also: Cryptocurrency And Bitcoin Take Back Seat in Donald Trump, Joe Biden’s Heated Presidential Debate

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

Ripple News: CME to Launch XRP Futures, CEO Reacts

There's big news for XRP holders — the Chicago Mercantile Exchange (CME) has officially announced…

April 25, 2025

Binance U.S Adds Base Network Support – ETH and USDC Transfers Now Live

Binance U.S has officially integrated the Base network, allowing users to deposit and withdraw Ethereum…

April 25, 2025

XRP Price Analysis: Breakout or Breakdown Ahead?

The price of XRP has been moving sideways without any clear direction for the past…

April 25, 2025

Federal Reserve Eases Crypto Rules for U.S. Banks

The U.S. Federal Reserve has officially rolled back key rules that once restricted how banks…

April 25, 2025

Sui (SUI) Price Analysis Today: Key Targets to Consider Ahead

The Sui network has attracted significant investment from institutional investors seeking to capitalize on its…

April 25, 2025

Dogecoin Price Analysis: Momentum Favors Further Gains

Technical analysis shows that the Dogecoin price is poised to gain 33% to 23 cents…

April 25, 2025