As a crypto educator, I focus on teaching blockchain and digital assets to my students, not politics. Admittedly, my understanding of American political dynamics is limited.
However, if I were to speculate, I believe there’s a possibility Kamala Harris could emerge victorious. Should this happen, I foresee a swift correction in the crypto markets, likely causing a brief but significant downturn. My hunch is that this dip would flush out many over-leveraged positions, particularly affecting long traders. The market might then stabilize, entering a consolidation phase, before eventually regaining upward momentum.
To be clear, I’m not a supporter of either Trump or Harris, and as a non-American, these thoughts are simply my personal observations. This is just my intuition speaking, and I may be entirely off the mark. Interestingly, I can’t shake a certain unease about the potential impact on crypto markets, especially for long traders, in the near term.
As always, conduct your own research (DYOR). These are purely my reflections, with no political bias or agenda – just some cautious observations.