Analyst: The worst case scenario for risk assets such as crypto is "delayed or disputed election results"
On November 6th, Bohan Jiang, the head of off-exchange options trading at Abra, stated that the worst case scenario for risky assets, including cryptocurrencies, is "a delayed or disputed US election result - similar to the 2000 election - where the outcome is unknown for weeks, causing a sell-off in risky assets during this period and volatility that will continue for the following weeks until we have a definitive result."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x DGAI: Trade to share 60,000 USDT
CandyBomb x DEBIT: Trade to share 45,000 USDT
Bitget Will Support the BounceBit (BB) Contract Swap
Hold USDGO for dual perks, earn up to 30%+ APR!
