10x Research: Biden's insistence on running aids Trump's victory. Even if he withdraws, candidate Newson would also lose

In the latest report, Markus Thielen, CEO of 10x Research, stated that the approval of Ethereum ETF has been postponed to around July 8th. This delay pushed back the "sell-off news" date. Meanwhile, Biden's performance in the presidential debate also provided support for Bitcoin. Bitcoin rose by 4% as US President Biden refused to let other Democratic candidates confront former President Trump. It is reported that Biden's family is supporting his re-election campaign - and every Republican is also backing him because it seems unlikely that Biden will defeat Trump in November elections.

The report also indicated that polls show even if Biden withdraws from the race soon, another candidate like California Governor Gavin Newson would still lose to Trump. Under his administration, California has become a poorly managed state with many tech companies leaving; crime rates are rampant and homelessness numbers have surged dramatically. California no longer holds its previous allure for Americans which makes it less likely for voters to elect a candidate from this state.