{"id":1748,"date":"2024-10-28T13:32:07","date_gmt":"2024-10-28T13:32:07","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1748"},"modified":"2024-10-28T13:32:07","modified_gmt":"2024-10-28T13:32:07","slug":"is-bitcoins-trump-trade-still-valid-its-complicated-but-watch-these-two-data-points","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1748","title":{"rendered":"Is Bitcoin&#8217;s &#8216;Trump Trade&#8217; Still Valid? It&#8217;s Complicated But Watch These Two Data Points"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong>&#8216;s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) price movement appears increasingly detached from the rising odds of <strong>Donald Trump<\/strong>&#8216;s 2024 election chances, even as his appearance on \u201c<a href=\"https:\/\/www.benzinga.com\/news\/24\/10\/41561452\/trump-to-joe-rogan-biggest-mistake-was-trusting-bad-and-disloyal-people\">The Joe Rogan Experience<\/a>\u201d podcast propels him to a leading position on Polymarket.<\/p>\n<p><strong>What Happened: <\/strong>Following the interview, which garnered significant attention with over 32 million views, Trump&#8217;s election odds on Polymarket <a href=\"https:\/\/polymarket.com\/event\/presidential-election-winner-2024\/will-donald-trump-win-the-2024-us-presidential-election?tid=1729066955778\">surged <\/a>to 66.3%, while <strong>Kamala Harris<\/strong>&#8216;s odds stand at 33.7%.<\/p>\n<p>However, despite the market hype labeling Bitcoin as the &#8220;<a href=\"https:\/\/www.benzinga.com\/news\/24\/10\/41561645\/trumps-rising-election-odds-sends-emerging-markets-into-tailspin-causes-biggest-stock-drop-in-10-mon\">Trump Trade<\/a>,&#8221; BTC&#8217;s performance has been relatively subdued, showing only an 8% gain in October\u2014a month historically marked by stronger rallies, averaging around a 21% increase.<\/p>\n<p>Trump&#8217;s Rogan interview took a deep dive into topics ranging from electoral reform and &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41575112\/is-bitcoins-trump-trade-still-valid-its-complicated-but-watch-these-two-data-points\" alt=\"Is\" bitcoin trade still valid it complicated but watch these two data points>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8216;s (CRYPTO: BTC) price movement appears increasingly detached from the rising odds of Donald Trump&#8216;s 2024 election chances, even as his appearance on \u201cThe Joe Rogan Experience\u201d podcast propels him to a leading position on Polymarket. What Happened: Following the interview, which garnered significant attention with over 32 million views, Trump&#8217;s election odds on Polymarket [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-1748","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1748"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1748\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}