The Trump trade has been one of the most-watched trades of late in crypto. Our Head of OTC Options Trading, Bohan Jiang, discussed it with Frances Yue of MarketWatch last week. Despite the synergy between bitcoin's price and Trump's odds of victory seeming at times evident, Bohan argues that such correlations are often erratic in markets, but as the election approaches, market participants will likely hone in to the narrative of Trump's policies as being positive for crypto, thus causing the likelihood of a Trump victory and bitcoin's price to be positively correlated.
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