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
Bitget Spot Margin Announcement on Suspension of HIGH/USDT, GTC/USDT, SLP/USDT, PERP/USDT Margin Trading Services
CandyBomb x IR: Trade IR or BTC to share 1,104,000 IR
Bitget to delist the BABY On-chain Earn product
Earn Up to 25 USDT:Buy Crypto with Google Pay/Apple Pay!
