How Donald Trump or Kamala Harris Win Could Affect Your Crypto & Stock Investments?
The post How Donald Trump or Kamala Harris Win Could Affect Your Crypto & Stock Investments? appeared on BitcoinEthereumNews.com.
With a gripping race developing between Donald Trump and Kamala Harris, the US Presidential elections are just around the corner. Investors are anxiously watching how the stock markets and crypto markets might turn out. While the market sentiment largely leans on the assumption that a Trump win might turn all the stocks into green and the cryptocurrencies, which are already running bullish could shoot even higher, however, as the polls and betting platforms point towards a tighter race, this event is going to be a complete thrill for the investors as well as the one which will have larger implications as a whole to the country, its economy and to the stock markets, no doubt. How Does Crypto Play a Key Role in the 2024 US Elections? The 2024 US presidential election marks a historic moment for the global crypto and blockchain industries. For the first time, cryptocurrency is a prominent issue in a US election, and both candidates openly express their views on digital assets. This development underscores the growing importance of crypto in political discourse. Notably, nearly half of the corporate contributions to the election have come from the crypto sector, which reflects the industry’s desire for regulatory clarity. As election day is nearing, the focus is now on how each candidate’s policies could reshape the digital asset landscape. While Donald Trump has positioned himself as a strong proponent of crypto, while Kamala Harris, although equally supportive of digital innovation, stresses consumer and investor protection. The crypto sector has faced numerous SEC actions under Gensler, who mentions investor risks. While Trump plans to remove Gensler, Harris has not indicated a similar intention. Impact Of The Recent Politics- The upcoming 2024 US Presidential elections have driven the crypto markets volatile. While there have been other factors at play like…
Filed under: News - @ November 3, 2024 6:29 am