🔥 Pro Crypto President Vs Kamala Harris & The Effect on Crypto 🔥
The 2024 U.S. presidential race between Donald Trump and Kamala Harris is shaping up to be highly consequential for the crypto market. Polls show that the race is currently tight, with Harris holding a slight lead of 2.7 percentage points over Trump, according to FiveThirtyEight's national polling average. Despite this, many voters remain split on key issues such as the economy and governance, which could sway the final outcome.
Trump, once a vocal critic of crypto currencies, has shifted his stance and now positions himself as pro crypto. He has promised to make the U.S. a global leader in cryptocurrency by eliminating regulations that he claims are stifling the industry. This shift has excited many in the crypto community, with some analysts predicting that a Trump victory could propel Bitcoin’s value to as high as $90,000 by the end of 2024. His stance is seen as a sharp contrast to Harris, whose views on cryptocurrency remain less clear. Analysts speculate that a Harris victory could result in more conservative crypto policies, potentially causing $BTC to fall as low as $30,000.
Market behavior reflects this uncertainty. Betting platforms like Polymarket show that Trump's odds of winning have fluctuated, dropping 3% after the latest debate. Despite this, many crypto investors are still hopeful that a Trump win would lead to deregulation and growth in the sector.
With crypto PACs raising over $200 million to influence the election, the outcome of this race is expected to have a significant impact on the future of digital assets in the U.S. Whether Trump’s promises will come to fruition or Harris takes a more cautious approach, the stakes for the crypto market are undeniably high.
Who's gonna Win in your opinion? Let me know in the comments below...
Don't forget to follow and like for MORE exclusive News🥂
