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Reading: Bitcoin and Altcoins: All Eyes on US Presidential Elections! How Will It Affect the Cryptocurrency Market?
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EdaFace Newsfeed > Latest News > Crypto News > Bitcoin and Altcoins: All Eyes on US Presidential Elections! How Will It Affect the Cryptocurrency Market?
Crypto News

Bitcoin and Altcoins: All Eyes on US Presidential Elections! How Will It Affect the Cryptocurrency Market?

vitalclick
Last updated: November 5, 2024 10:31 am
7 months ago
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Happening in the USA today presidential elections It is followed closely in the cryptocurrency market as well as around the world. The Republican candidate who attracted attention with his attitudes towards the cryptocurrency industry in the elections Donald Trump and Democratic candidate Kamala Harris in a fierce race. As in the 2016 and 2020 elections, it may take a few days for the results to become clear. According to Santiment, uncertainty in this process may cause fluctuations in the cryptocurrency market.

Trump’s Cryptocurrency PoliciesHarris’ Stand on Crypto

Trump’s Cryptocurrency Policies

Trump, cryptocurrencyIt draws attention with its bold promises towards people. Bitcoin in July 2024 $68,797 In his speech at the 2024 conference, he put forward the idea of ​​creating a national Bitcoin reserve. He also stated that he will fire current SEC Chairman Gary Gensler and establish a crypto-friendly regulatory structure.

In September 2024, Trump’s sons Donald Trump Jr. and Eric Trump, World Liberty Financial He revealed the family’s interest in the cryptocurrency industry by establishing a cryptocurrency exchange called. Trump’s pro-crypto statements are gaining great support in the cryptocurrency industry.

Harris’ Stand on Crypto

Democratic candidate Harris is cryptocurrency industryIt has an approach that supports consumer protection but emphasizes consumer protection. Harris stated that she would promote cryptocurrencies at an event in September 2024 and announced her plan to create a protective regulatory framework for cryptocurrencies in October.

Accepting the potential of blockchain technology, Harris stated that he is open to innovative technologies. However, the cryptocurrency industry sees Harris’ stance on crypto as more measured compared to Trump.

The impact of the US elections on the cryptocurrency market is uncertain in this election, as in past elections. Markets are waiting for clear statements from the candidates regarding their cryptocurrency policies and the reflections of these policies. Cryptocurrency industry, election result cryptocurrency marketThey agree that it will have a direct impact on the future of Turkey.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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