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Trump Conceeds, US political stability returns and the Cryptomarket reacts. Is the bull run over?

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@melbourneswest
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No matter your political leanings, the past few months of the US election Trump Vs Biden has had everyone talking. One of the hottest debated political battles of our time.

It's hard not to be intrigued with almost a 50/50 split. The political candidates clearly campaigned well and it left the US people undecided on who the right person for the job was.

Onto the Crypto effects

The world watched some pretty horrible scenes yesterday, a lady lost her life. Regardless on what you think about it and what she did, no one should die.

But the scenes of political unrest had been growing since Nov. As Fiat investors saw a potential civil war out break they were looking for places to store their cash.

The more Trump and Biden clashes the greater the spike in the Crypto market.

Trump didn't want to conceed as he felt robbed, he made this known and the fiat traders quickly started pumping crypto as it appeared Trump would activate his core to charge the capital. It appeared to come true and yesterday we saw the market react. The largest investment in stable coins.

These aren't people who have been on chain for a long time. No, they would be riding the bull run. Stable coins means new users and maybe older users withdrawing their profits and storing them in stable coins.

Today, Trump conceeded defeat restoring market confidence, the crypto market seems to be reacting as massive dives begin to occur.

What are your thoughts? Market correction or US political stability? Let me know your thoughts below.

Posted Using LeoFinance Beta