WHAT IF TRUMP WINS?

WHAT IF KAMALA WINS?

The 2024 U.S. presidential election could have a substantial impact on the crypto market, with different implications depending on whether Kamala Harris or Donald Trump wins.

If Donald Trump wins, his pro-crypto stance and preference for deregulation may boost the market. Trump has openly supported crypto, pledging to make the U.S. a “crypto capital” and encouraging initiatives like Bitcoin mining, potentially making the environment friendlier for institutional investors and retail adoption. This could result in positive sentiment and a more flexible regulatory climate, possibly leading to higher crypto valuations, particularly for Bitcoin and other proof-of-work assets  .

On the other hand, a Kamala Harris victory may lead to continued regulatory caution, aligning with the current administration’s cautious approach. Although Harris’s camp has consulted with industry leaders, there remains uncertainty about her policies, which could mean more regulations, especially on areas like DeFi and stablecoins. This could introduce short-term volatility, potentially limiting altcoin growth while possibly favoring Bitcoin as a “safe haven” asset in the long run  .

Regardless of the outcome, macroeconomic factors such as expected U.S. interest rate cuts and global liquidity trends may shape the market more significantly, suggesting that while election results can influence crypto sentiment and regulations, broader financial forces will remain crucial .