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Analyst: The worst case scenario for risk assets such as crypto is "delayed or disputed election results"

Analyst: The worst case scenario for risk assets such as crypto is "delayed or disputed election results"

CointimeCointime2024/11/06 02:34
By:Cointime

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."

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