The debate surrounding President Joe Biden's potential withdrawal from the 2024 re-election race is causing ripples in the financial markets, particularly on Wall Street. Traders are adjusting their portfolios in anticipation of a possible return to office by former President Donald Trump. Concerns about Biden's age and performance in a recent debate have prompted investors to shift funds between the dollar, Treasurys, and other assets. Speculation is mounting that Biden may drop out of the race, leading investors to prepare for various scenarios. A Trump victory is seen as favorable for stocks in sectors like finance, health, and energy, while a rise in the dollar and Treasury yields is expected. The possibility of a Trump presidency has also impacted global markets, with Asia and even the cryptocurrency industry bracing for potential effects. Market participants are closely monitoring the situation and adjusting their strategies accordingly.