According to the analysis by the cryptocurrency brokerage company FalconX, there is no clear relationship between the recent fluctuations in Bitcoin price and the probability of the Republican candidate, Donald Trump, being elected. The specific analysis shows that during the period from June 1st to August 15th, there was no clear trend correlation between the 3-day change in the Bitcoin price and the 3-day change in the probability of the Republican candidate winning. The factors affecting Bitcoin price include macroeconomic factors such as expectations of US monetary policy and oversupply, rather than just depending on Trump's election probability. For example, the sales of Saxony state government and concerns about Mt.Gox creditors' supply have constrained the Bitcoin price. Nevertheless, FalconX points out that as the US presidential election approaches, the election outcome may become the dominant factor influencing the Bitcoin price. However, at this point, election information is not a driving force behind the dominant price movement of Bitcoin.