On November 4, the results of the US election will be out. Let's discuss how these two outcomes might affect the cryptocurrency market.

If Trump is elected: The new Republican platform may be more appealing, as it aims to end government repression of cryptocurrencies and defend relevant rights. Trump will also need to appoint a new SEC chairman, and candidates like Dan Gallagher, Chris Giancarlo, and Hester Peirce would all be beneficial for the crypto space. The DOGE department might even be established, which could increase the visibility of Dogecoin, although the short-term benefits of Trump-themed coins might come to an end.

If Harris is elected: The steps taken towards loosening regulations on the crypto space may not be significant. Gary Gensler might become the Secretary of the Treasury, and among the new SEC chairman candidates, Chris Brummer is somewhat more crypto-friendly, but he comes from a law professor background and may act similarly to Gary once in office.

If Trump goes to prison, those supporting him, like Musk, might become targets, affecting companies like Kraken and Gemini, potentially causing related themed coins to suffer. Harris's climate policies would be detrimental to high-energy POW mining. However, the Democratic Party and its major backer BlackRock want to expand Bitcoin ETFs and tokenization, which could create a buying opportunity similar to what we saw in '94. #BinanceBlockchainWeek #美国大选后行情预测 #狗狗币创数月新高 #下一BTC历史新高是多少? #TIA超大额解锁