Trump is unreliable
Breaking news, Trump is about to withdraw from the election, is the cryptocurrency market going to explode again?
Trump's campaign is full of crises, and the cryptocurrency market may usher in "explosive" fluctuations!
Recently, a news that Donald Trump may withdraw from the 2024 presidential election caused an uproar in the market, like a blockbuster bomb, instantly igniting the market's tension. According to former White House Communications Director Anthony Scaramucci, Trump is facing unprecedented political and legal challenges, which makes his campaign prospects even bleaker.
Scaramucci said that Trump and the team are struggling to find a new campaign strategy, and they are deeply "very uneasy" and "scared." The continued decline in poll data and the continuous backlog of legal issues have made Trump's campaign road full of thorns. At the same time, the strong performance of Vice President Kamala Harris has made Trump's hope of winning even slimmer.
In this campaign crisis, the cryptocurrency market has not been spared. According to Max Shannon of Coinshares, Trump's change of attitude towards cryptocurrencies could have created a more favorable environment for digital assets, but as his campaign difficulties deepen, this positive effect may be shattered in an instant. If Trump eventually chooses to withdraw from the campaign or loses the election, the cryptocurrency market may usher in an unprecedented "explosive" volatility.
Market analysts generally believe that Trump's campaign results will directly determine the future trend of the cryptocurrency market. His withdrawal or failure will bring great uncertainty and risk to the market, and investors may face huge losses.