Expect market regulation ‘avalanche’ if Biden beats Trump — Mulvaney

Cointelegraph

Published Aug 31, 2020 05:55PM ET

Updated Aug 31, 2020 07:40PM ET

Former Trump chief of staff Mick Mulvaney says a Joe Biden presidency would cause an “avalanche” of regulations. Some economists have also voiced concerns that the Biden administration would lead to a stock market pullback.

This has led many crypto analysts to ponder what impact a strong stock market correction would have on the price of Bitcoin (BTC).

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