Donald Trump’s reelection would herald uncertainties for the future of cryptocurrency.
In the past, Trump has been vocal in his disapproval of cryptocurrencies calling Bitcoin and others “an accident waiting to happen” without any value at all. The regulatory landscape in the crypto sector could change during his tenure possibly leading to stricter regulations or different policies altogether.
If Trump returns to power, it is likely that there will be changes in regulatory policies across different sectors including crypto. However, how this would play out is not known yet.
Because of high levels of volatility experienced in crypto market prices, any shifts in policy or introduction of new regulatory frameworks might have an immediate effect on cryptocurrency price movements.
