Cryptocurrency One of the most important agenda items for the markets is the ongoing presidential race. In November, Trump and Harris will compete to become the new US President. The important thing here is what will be the new president’s crypto stance amid the long-standing legal pressure on cryptocurrencies? Trump has explained himself and sounds like a crypto investor with FOMO. What about Harris?
Cryptocurrencies Breaking News
Bitcoin $62,877 It was Kamala Harris’ statements that pushed the price above $63,200. According to the Bloomberg report, Harris said that she would not hinder the growth of cryptocurrencies and artificial intelligence and that she would support it. Although she did not use the name cryptocurrencies directly, what she meant by “I will support the growth of digital assets” was cryptocurrencies.
After the statement BTC It increased suddenly but did not exceed its daily peak. If Kamala Harris demonstrates a presidential performance that is in line with her statement today, the markets should rise with Biden’s change in the current government’s stance, which is negative towards crypto. As for Trump, he is already one of us and now even has his own DeFi platform. In other words, we may be moving towards a process where “crypto wins” regardless of who wins the elections.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
