Biden withdraws, Bitcoin rises

President Joe Biden has withdrawn his nomination for re-election in November and endorsed vice-president Kamala Harris as his replacement. No matter your politics, you have to respect the man for putting the needs of his country first.

Bitcoin welcomed the news by rallying to $68K.

Bitcoin (BTC)

Conclusion

Bitcoin is headed for a test of resistance at $72K, signaling risk-on for financial markets.

3 Replies to “Biden withdraws, Bitcoin rises”

  1. ” No matter your politics, you have to respect the man for putting the needs of his country first”.
    I suggest :
    No matter your politics, you have to DISrespect the man for putting the needs of his PARTY first.

    1. It was a good decision for the country. No matter your politics.

      It reinforced peaceful hand-over of power and country over personal ambition.

  2. I think that Biden has made the correct decision. He has put the interests of the United States first. It will be interesting to see what happens at the Democrat convention.

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