Joe Biden’s Exit Leads to Crypto Market Liquidations

Krutika Adani

Biden Withdraws From US Elections

Joe Biden’s withdrawal from the US elections, despite having debated with Donald J Trump, has been shocking.

Market Liquidations

This unexpected move caused widespread market liquidations of $50 million until publication.

Gary Gensler’s Exit

As per Markus Theilen of 10x Research, Gary Gensler might resign by early 2025 if Democrats lose the elections.

Polymarket Odds

The winning odds of Donald Trump(62%) still dominate the Democrat candidate Harris(34%).

Speculations on Biden’s Remaining Term

After the withdrawal of nominations, speculations are high on Biden’s ability to finish his term.

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