Crypto Stocks Recover After Trump-Harris Debate Dip

Author: Nidhi Kolhapur

Nidhi Kolhapur

Author

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Sep 12, 2024 10:38

Trump-Harris Debate Hangover! Crypto and Bitcoin mining stocks bounced back after an early dip following the Trump-Harris debate. Opinion polls showed Kamala Harris outperforming pro-crypto Donald Trump, impacting the market. Shares like Coinbase regained 5.3%, closing at $157.22, while Bitcoin mining firms Marathon and Riot Platforms saw slight losses, down 0.94% and 2.07%. Mining firm Hut 8 closed up 1.29%. Despite initial drops, the crypto market recovered 2.3%, returning to pre-debate levels, with Bitcoin prices bouncing back to $57,900. However, Trump-themed meme-coins suffered significant declines in the aftermath.