After the FTX crypto exchange collapse in late 2022, the bitcoin price dropped to around $15,000 per bitcoin.
Joe Biden might discuss his administration's stance on crypto regulations, potential acceptance of crypto donations via Coinbase, and the upcoming meeting between policymakers and innovation leaders in blockchain. He could also address the concerns raised by senator Elizabeth Warren and SEC chair Gary Gensler, and the administration's approach to balancing innovation and financial stability in the crypto market.
The upcoming U.S. presidential debate between Joe Biden and Donald Trump is unlikely to have a significant impact on the bitcoin price but could influence the broader cryptocurrency market1. Although both candidates have well-documented stances on cryptocurrencies and financial regulations, the debate may touch on regulatory frameworks that could affect cryptocurrencies. However, specific regulations usually emerge from detailed policy announcements and legislative processes rather than debate soundbites.