The current environment in the cryptocurrency world is indeed full of uncertainty, and the authenticity of market data is particularly important in this atmosphere—especially against the backdrop of global political events impacting the cryptocurrency market. Although there may be possibilities of data fabrication, one thing is certain: global elections, candidates' positions, and their influence can indeed become key factors in determining market trends.
Looking at the situation over the past few days, there have been several eye-catching scenes in the U.S. elections: Musk supports Trump, giving away a million dollars daily; meanwhile, Cuban sides with Harris and even criticizes Trump, and the 'platform confrontation' between the two seems to elevate the 'performative' nature of politics and capital. As a key influencer in the cryptocurrency space, Musk's every move attracts market attention, but his daily act of giving away a million dollars may reveal his dissatisfaction with the current policy environment, and from the standpoint of the cryptocurrency market, it may also be influencing the election.
However, there is still a strong call for support of Trump within the cryptocurrency community, after all, he is the first U.S. president to publicly support cryptocurrencies. His election may lead to policy relaxation for the cryptocurrency industry, directly driving a return to a bull market, especially with potential relief on SEC policy pressure. In contrast, Harris's election is more likely to bring about a gradual, stronger regulatory 'slow bull' trend.
