TechFlow news, July 22 — According to The Block, Bernstein analysts said the market has not yet priced in potential positive changes to crypto regulation should Donald Trump win the election. Bitcoin’s price rose as odds of a Republican victory increased, trading at $67,548, up approximately 8% over the past week. Analysts expect the recovery of bitcoin ETFs to attract more institutional investors, with net inflows exceeding $2 billion over the past two weeks and cumulative inflows reaching $17 billion.
"We see significant room for institutional investors to allocate to cryptocurrencies and crypto-related equities," Bernstein analysts Gautam Chhugani and Mahika Sapra said in a report.
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