The financial markets faced turbulence following a highly anticipated yet underwhelming Trump-Harris debate. Bitcoin, often seen as a safe haven in times of uncertainty, saw a notable decline, while the Japanese yen gained strength amid investor caution. The debate failed to provide clarity on key issues, leaving markets on edge and driving investors towards traditionally safer assets like the yen.
Markets Fall as Bitcoin Drops After Debate
Asian markets and U.S. stock futures took a hit, with Bitcoin falling by more than 2% to $56,300. This drop reflected growing caution in financial markets after a presidential debate where Kamala Harris was seen as outperforming Donald Trump.
Dogecoin Leads Crypto Declines, Harris Tokens Rise
Dogecoin saw the biggest drop among major cryptocurrencies. At the same time, Trump-themed political tokens also faced losses, while Harris-themed tokens gained, showing the market’s reaction to the debate’s perceived outcome.
Reference: Coindesk
