Spartan Group: The 12 months after the US election are usually a strong period for crypto assets, especially for small and medium-sized tokens
PANews on December 20th reported that Spartan Group published an analysis stating that in the 2024 US presidential election, not only will Trump win the election by a landslide, but the Republican Party will also control both the Senate and the House of Representatives. This victory will provide a huge leverage to drive policy changes, and it is expected to be very favorable for the crypto industry in the next 12 months.
The article points out that the difference in this election is the importance of the crypto agenda. Trump and his core advisors are crypto-friendly, and crypto companies have provided a lot of support in the election. In addition, Trump has expressed a desire for the US to become a global crypto center. Currently, the US is the leader in crypto infrastructure, mining, and trading, and the new government's policies may further consolidate this position.
Historical data shows that the 12 months after a US election are usually a strong performance period for crypto assets. The policy clarity brought by the election results and the superimposed effect of the BTC halving cycle may drive the market sentiment towards risk preference, especially benefiting the performance of small and medium-sized tokens. Spartan Group believes that with the "altcoin season" approaching, the crypto market will have more room for growth in the coming year.
