#DOGE看涨情绪飙升 #BinanceLabs投资BIOProtocol #Solana涨势分析 #大盘的下一步？ #你问我答 $BTC $ETH $BNB
Trump wins the 60th U.S. presidential election, the crypto market sees a broad rally for the first time, while election-themed meme coins generally face a downturn.
In the grand journey of the 2024 U.S. presidential election, cryptocurrency has not only emerged as an emerging topic but has also profoundly influenced voter tendencies, policy directions, and even campaign strategies.
Regardless of how Trump fulfills his crypto promises, cryptocurrencies have already become an undeniable force in U.S. politics. In the future, cryptocurrencies will continue to play an important role in real-life production and daily life, influencing policy directions and market expectations.
Multiple reversals in the election, Trump returns to the White House.
This U.S. election is the 60th presidential election, with voting taking place on November 5th, Eastern Time. In this election, U.S. Vice President and Democratic presidential candidate Harris fiercely competed against former U.S. President and Republican presidential candidate Trump.
On the eve of the election, the race was tight, with various polls showing the approval ratings of the two candidates were very close, which not only made the election results suspenseful but also attracted widespread attention globally.
During the election process, both candidates engaged in intensive campaigning, striving for voter support. They articulated their policy positions and governing philosophies through speeches, advertisements, social media, and various channels, trying to win the trust and votes of the electorate. At the same time, major media outlets closely followed the election progress, providing real-time reports on election dynamics and voter reactions, offering the public rich information and perspectives.
After experiencing Trump's assassination attempt and Biden's withdrawal from the election, Trump's chances in the election once seemed advantageous, but he was repeatedly overtaken by Harris, making this election the most tightly contested and dramatic one. As Trump took a lead in votes yesterday, the election results have finally been settled.
It is noteworthy that the support of crypto voters for the pro-crypto Trump played an important role. Trump has a friendly attitude towards cryptocurrencies, even seeing them as a crucial force in boosting the U.S. economy. During his campaign, he frequently reached out to crypto industry figures, promising to develop plans to ensure that the U.S. becomes the world's crypto center and a Bitcoin superpower, and to appoint a Bitcoin/crypto presidential advisory council. In contrast, Harris and the Democratic Party have taken a more cautious and regulatory approach to cryptocurrencies. Since Biden took office, the government has intensified regulatory efforts on cryptocurrencies, leading to a series of legal actions and industry turbulence.
Additionally, contributions from cryptocurrencies in the election have played an important role. Crypto giants like Coinbase and Ripple have become major contributors to corporate political donations, while pro-crypto super PACs like Fairshake have raised funds to support pro-crypto candidates and challenge skeptical opponents. These funds not only influence the policy positions of presidential candidates but also propel the congressional election strategies supporting cryptocurrencies.
Short-term impact: Bitcoin surges, election-themed coins generally decline.
Before the election results were confirmed, the crypto market quickly responded. Benefiting from Trump's near-lock on the election outcome, BTC prices soared and rapidly broke through historical highs.
It is worth mentioning that ETH, which has been weak for two years, has recently shown strong performance, with a 24H increase of 10.9%. This often indicates the arrival of altcoin season in past bull markets. Of course, ETH's relative position is still far below BTC, and whether this strong trend can continue to dispel market FUD sentiment remains to be seen.
Additionally, the long-silent DeFi sector has surged significantly. Following Trump's victory in the election, he promised to quickly replace the SEC chairman, who has repeatedly enforced actions against the DeFi sector, and to establish a national strategic reserve for Bitcoin. This news has led the market to generally expect a more lenient regulatory environment for the cryptocurrency industry.
As a result, DeFi tokens such as UNI, AAVE, DYDX, and RDNT have surged, with ENA becoming a market focus with a 30% increase due to its innovative model of distributing income to token holders.
Moreover, the meme sector, led by DOGE, WIF, POPCAT, has surged again, although election-themed coins generally declined. We noticed that political meme coins such as TRUMP, MAGA, FIGHT, HARRIS began experiencing sharp declines before the election results were announced, indicating a rapid waning of market enthusiasm for political hot events.
At the same time, the prediction market on Polymarket also underwent a major reshuffle. Although 90% of prediction users ultimately incurred losses, a few winners made substantial profits through accurate predictions, with the highest winner earning a massive profit of $50 million.
Long-term impact: crypto integrates into reality, value outlook remains positive.
Since the birth of Bitcoin, it has accompanied the U.S. through three election cycles and has become a key topic of great interest in the 2024 U.S. presidential election. As Bitcoin's ideology has taken root, supporters have formed a substantial voter demographic, and this force is increasingly highlighting its importance on the U.S. political stage.
In the face of the increasingly severe inflation problem, American voters have shown a growing demand for assets that can combat inflation. Bitcoin, with its decentralized and limited supply characteristics, has become a safe haven for many. Especially against the backdrop of stagnant real wage purchasing power, Bitcoin offers the hope of financial independence to the general populace, becoming an effective tool for them to combat inflation and even speculation. Therefore, candidates' attitudes towards cryptocurrencies have become one of the focal points for voters in the election.
During Biden's administration, regulatory efforts on cryptocurrencies have continued to escalate. The government has filed multiple lawsuits against crypto companies and individuals, and implemented a series of strict tax reporting requirements. However, following the collapse of FTX, the government's crackdown on the crypto industry reached unprecedented heights, leaving many practitioners dissatisfied and concerned about Biden's regulatory policies.
In contrast, Trump has a more friendly attitude towards cryptocurrencies. However, Trump's crypto policies also face numerous challenges, including resistance and skepticism from Congress and regulatory agencies, as well as various problems and risks existing in the crypto market.
In the long run, the mutual influence between cryptocurrencies and the real world is deepening. On one hand, cryptocurrencies provide voters with effective tools to combat inflation, especially against the backdrop of the increasingly severe inflation problem, decentralized and limited supply digital assets like Bitcoin have become a safe haven for many.
On the other hand, the rise of stablecoins provides new channels for the international influence of the U.S. dollar, consolidating its dominance in the global financial system. At the same time, voters' interest in cryptocurrencies has significantly increased, and crypto companies have become important sources of political donations, further boosting the influence of cryptocurrencies on the political stage.
With the dust settling from the election, regardless of how Trump fulfills his crypto promises, cryptocurrencies have already become an undeniable force in U.S. politics. In the future, cryptocurrencies will continue to play an important role in real-life production and daily life, influencing policy directions and market expectations.
