đ¨đ¨How the 2024 U.S. Elections Could Impact Bitcoin Prices: Kamala Harris vs. Donald Trumpđ¨đ¨
Letâs break it down.
Kamala Harris: Regulation Incoming?
More regulation often brings short-term volatility, as investors try to understand what new laws or policies could mean for crypto trading. But itâs not all bad. Some might argue that clear rules could attract more institutional investors, potentially stabilizing the market in the long run. What do you thinkâwould stricter rules be good or bad for bitcoinâs future?
Donald Trump: Crypto Skeptic or Pro-Business?
Donald Trump, on the other hand, has been vocal about his skepticism of bitcoin, once calling it a threat to the U.S. dollar. If Trump wins, he could push policies that slow down the adoption of cryptocurrencies. However, his overall pro-business stance and desire for less regulation could foster a more open environment for bitcoin and blockchain innovation.
