Elon Musk has thrown a spotlight on a potential financial storm brewing on the horizon. He suggests that some of the biggest names in the finance world, including hedge fund titan John Paulson, are poised to withdraw their investments and shift to cash and gold if Kamala Harris claims victory in the upcoming U.S. presidential election.
John Paulson's concerns about Harris's proposed 25% tax on unrealized gains could spark massive selling and a swift market downturn. Meanwhile, Warren Buffett is reportedly bracing for this outcome as well.
While both Harris and Trump have shown support for cryptocurrencies, this uncertainty might shake the crypto market, as major investors weigh their next moves.
Trump's recent unveiling of his DeFi project, World Liberty Financial, and its $WLFI token might offer some hope for crypto enthusiasts, but the looming election outcome could create waves of volatility.
Stay tuned and brace yourselves—this election might not just shape the future of American politics but could also send shockwaves through global markets. 🌍🔮
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