Bloomberg ETF Analyst: BTC Rally Driven by Election, Indicator More Definitive Than Stocks

BlockBeats News, November 5th, Bloomberg ETF analyst Eric Balchunas posted on social media today, stating that BTC's sudden surge may be one of the reactions to the U.S. presidential election. He personally believes that BTC appears to be a clear indicator as it is an issue involved in the election, while stocks and bonds are not as crucial.