The current consensus seems to be that the market will surge if Trump is elected and decline if Kamala Harris takes office. But I call that ABSOLUTE BULLSHIT. We saw a solid bull market under the Democrats from 2020 to 2024, so why would it be any different this time? Crypto markets will continue their usual cycles regardless. Major players are just using election speculation as an opportunity to influence prices in their favor.
Neither Trump nor Harris will have a significant impact on the market. The real influence comes from Jerome Powell, the Chairman of the Federal Reserve. He’s the one who could actually shift monetary policy and steer market conditions.