A 'Black Swan' Emerges in the Financial Market, U.S. Election Turmoil Disrupts the Cryptocurrency Sphere

Recently, the financial market has been tumultuous, and the situation of Tether has been nothing short of dramatic. Initially, media reports suggested that Tether would face sanctions, a piece of news that acted like a bombshell, instantly triggering panic in the market, causing Tether-related asset prices to plummet! Amid the chaos, Tether's CEO stepped forward to refute the rumors, claiming that the news was completely false, as if grasping a lifeline, leading to a rapid reversal in market sentiment and a subsequent surge in asset prices.

Now, an even larger storm may be brewing, as a potential 'black swan' heads towards the financial market, particularly the cryptocurrency sphere. With the U.S. presidential election approaching, the competition between Democratic candidate Harris and Republican candidate Trump has entered a heated phase, with every action from both sides attracting significant attention and profoundly impacting the sentiment in the financial market.

A nationwide economic survey by CNBC shows that Harris leads Trump by 48% to 46%, with a margin of error of 3.1%. In seven key battleground states, the competition is even closer, with Harris holding a slender lead of 48% to 47%, within a margin of error of 4%. Furthermore, the latest poll from The Wall Street Journal also indicates that Harris has a lead of 47% to 45% over Trump. A nationwide survey conducted by Forbes magazine in conjunction with a professional polling company also reveals that Harris leads Trump by 51% to 49%.

Trump has always wielded significant influence in both political and economic spheres, with his policies and statements having a profound impact on the financial market, including the cryptocurrency sector. Moreover, Musk, due to his extensive influence in the business and technology realms, has intricate connections with Trump. If these situations come to pass, the stability of the cryptocurrency sector will face unprecedented shocks, potentially leading to significant fluctuations in currency values, a collapse of market confidence, and consequently triggering turmoil in the global financial market.

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