The Nasdaq gained 2% in the same day

According to The Daily Hodl, Chamath Palihapitiya, CEO of Silicon Valley venture capital firm Social Capital and chairman of Virgin Galactic, said if the global economy slows Bitcoin will increase financial access to millions of people and the financial crisis would push Bitcoin. new heights. Palihapitiya, on the other hand, is also excited about how the Bitcoin exchange could affect its financial infrastructure. Palihapitiya also said that regardless of who wins the November election, inflation will continue.