The 2024 US presidential election is just around the corner, and the results could have a major impact on the future of cryptocurrency.
With Kamala Harris and Donald Trump facing off, the cryptocurrency community is watching closely.
Analysts said Trump’s victory could immediately send Bitcoin (BTC) to new all-time highs thanks to his dismissal of Securities and Exchange Commission (SEC) Chairman Gary Gensler and his promise to support domestic Bitcoin mining. Trump has embraced the industry, accepting cryptocurrency donations for his campaign and launching his own decentralized finance platform.
Harris’ position on digital assets, on the other hand, is less clear, and many expect her to continue the Biden administration’s stricter approach to regulation. However, some believe Harris could evolve and take a more cryptocurrency-friendly path, especially given California’s connections to the tech world.
But will the election really decide the fate of cryptocurrencies? In our latest video, we look at how short-term market movements and long-term policy changes could shape the industry, depending on who wins.
From Trump’s aggressive cryptocurrency stance to Harris’ potential pivot, we take a deep dive into what’s at stake for investors, traders, and enthusiasts alike. Don’t miss this important analysis. Watch the full video now!