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Former Coinbase CTO Predicts Bitcoin To Be a Point of Contention in 2024 US Presidential Election

Former Coinbase CTO and well-known investor Balaji Srinivasan has made a bold prediction about Bitcoin, suggesting that the 2024 US election could be the first "Bitcoin election." This comes as the crypto market experiences a correction phase due to uncertainty surrounding the US Fed's rate hike and President Biden's recent comments about protecting crypto traders in a debt deal.

Srinivasan previously made a bet that Bitcoin's price would reach $1 million by March 2023, but closed out the bet early by paying $1.5 million in May 2023.

Bitcoin Bitcoin $97,743.29
-1.54%
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