Cryptocurrency has become a key issue in the US election.

Trump calls himself the "crypto president," and the Biden administration quickly adjusted its anti-crypto stance after seeing the success of Trump's pro-crypto stance. Both parties are vying for the support of crypto voters, and the prospects are promising!

The U.S. election will be held in November 2024. As the election day approaches, the two parties will become more intense in their efforts to win the support of crypto voters. This will increase the awareness of cryptocurrencies among all U.S. citizens and people around the world who are paying attention to the election. Know.

They will attract more ordinary investors to enter the market.

Interest rate cut = rising risk asset prices

After each interest rate cut, holding cash in a bank account becomes less attractive as the bank's annual interest will be reduced and the wealthy will rebalance their portfolios and increase investments in risky assets, including cryptocurrencies. , which will increase the liquidity of the risk market currency circle.

Another special factor that will significantly increase buying power in Q4: FTX will start refunding customers in Q4!

In the fourth quarter, FTX will distribute $16 billion to its clients.

Why is this a benefit?

Since most FTX users are early investors in cryptocurrencies, it is likely that the majority of funds will flow back into the crypto industry.

This may give buying power.

To summarize, selling pressure eased in Q3 and buying volume increased in Q4, so with just a little more patience, altcoin prices are surging higher and higher.

The only question is: can you hold on until Q4? #山寨季何时到来？ #美国大选如何影响加密产业？ #以太坊ETF批准预期