According to ChainCatcher, Spartan Group published an analysis that in the 2024 US presidential election, Trump not only won the election with an overwhelming advantage, but the Republican Party also controlled the Senate and the House of Representatives. This victory provides a huge lever to promote policy changes, and it is expected that the next 12 months will be very beneficial to the crypto industry.
The article points out that what is different about this election is the importance of the crypto agenda. Trump and his core advisers are crypto-friendly, and crypto companies have provided a lot of support in the election. In addition, Trump has expressed his hope that the United States will become a global crypto hub. Currently, the United States is a leader in crypto infrastructure, mining, and trading, but the new government's policies may further consolidate this position.
Historical data shows that the 12 months following the U.S. elections are typically a strong performance period for crypto assets. The clarity of policies resulting from the election outcomes, combined with the halving cycle of BTC, may drive market sentiment towards risk appetite, especially benefiting the performance of small and medium-sized tokens. The Spartan Group believes that as the 'altcoin season' approaches, the crypto market will see more room for growth in the coming year.
