The outcome of the November election could be a mixed blessing for cryptocurrencies, VanEck's head of digital asset research Matthew Sigel and digital asset investment analyst Nathan Frankovitz said in a report. "Looking at Bitcoin alone, we believe a Kamala Harris presidency could be better for Bitcoin than a Trump presidency because, in our view, it would accelerate many of the structural issues that initially drove Bitcoin adoption," VanEck wrote. "If that happens, Bitcoin's unique regulatory clarity could make it more competitive than other digital assets." According to VanEck's latest analysis, the entire crypto industry would reap the rewards if Trump were to become president again. "We believe a Trump presidency would be generally positive for the entire crypto ecosystem as it would likely result in more deregulatory and business-friendly policies," VanEck wrote. (TheBlock)