How Does the CRYPTO Market Affect Post-Election Politics?
37% said that a candidate’s stance on cryptocurrencies had a significant impact on their vote. 73% said that this stance had some impact on their vote.
Based on these results, a number of conclusions can be drawn:
The Importance of Cryptocurrencies in Politics: Cryptocurrencies, especially Bitcoin, are becoming an increasingly important factor in elections, as candidates’ stances on the field have a significant impact on voters. For some voters, this can determine whether they vote for that candidate or not.
Bitcoin and Changing Political Stance: If more voters are interested in cryptocurrencies, candidates may adjust their stances to appeal to this group of voters. This could influence future policies related to cryptocurrencies and blockchain.
Impact on Bitcoin Market: If a candidate has a positive stance on cryptocurrencies, especially Bitcoin, the market may react positively when this candidate is likely to win the election. On the contrary, if the candidate has a negative stance, there may be concerns about tightening management and regulations, which will negatively affect the market.
Overall, the election does not have a big impact on the crypto market during the time it takes place, but in the long term and the direction of development if it is not Trump, the gloomy trend is quite high, the chance of a super uptrend will be very low.
