TechFlow news, October 18 — According to Coindesk, Citi stated in a research report on Wednesday that a Republican sweep in the upcoming U.S. election would be most favorable for Coinbase and the broader cryptocurrency market. The bank lowered its price target for Coinbase from $345 to $275 but maintained a "buy" rating. The analysis noted that the Trump/Vance ticket supports digital asset reform, and Republican control of the Senate could accelerate the pace of such reforms. In contrast, a Harris victory coupled with a divided Congress could lead to greater uncertainty for the digital asset industry.
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