If Trump Win Election A long Term Boost in Cryptocurrency leads to $92,000- $100,000 Within 2024
If Trump secures the presidency, it could provide a short-lived boost to the cryptocurrency market, whereas a win for Harris might initially place downward pressure on prices. Undoubtedly, the outcome of the general election will have a significant influence on the cryptocurrency landscape over the following two months. From a longer-term perspective, a Trump victory could lead to market fluctuations in the range of $92,000 to $105,000, potentially setting the stage for new record highs. Conversely, under Harris's administration, the market might find itself trading within a $52,000 to $72,000 band, with the possibility of a gradual bull trend taking shape, eventually pushing values past $102,000.
This projection considers the distinct stances of each candidate on inflation expectations, particularly noting that Harris may maintain a stance favoring liquidity support for specific interest groups, which could shape the cryptocurrency sector more profoundly over the long term. Currently, Polymarket data suggests Trump holds a 58% chance of winning, while Harris trails with a 42% probability. However, polling data indicates Harris maintains a slight edge over Trump. The election outcome remains unpredictable, leaving us to await the official results for a definitive impact on the crypto market.
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