Bitcoin's Election Day Rollercoaster: Will Trump or Harris Spark a Crypto Surge?

05.11.2024 9 times read 0 Comments

Bitcoin On Election Day: What The Pros Say To Expect

The cryptocurrency market is bracing for potential volatility as the U.S. presidential election approaches, with analysts predicting a rally in Bitcoin prices regardless of the outcome. According to Investor's Business Daily, both Trump and Harris have adopted crypto-friendly policies which could support digital assets post-election. Joel Kruger from LMAX Group suggests that while there may be short-term uncertainty due to election risks, long-term prospects remain positive with predictions pointing towards significant price milestones such as $100,000 by year-end.

Three Reasons Why Retail Is Sitting Out The Bitcoin Rally

Despite recent surges in Bitcoin prices nearing all-time highs, retail investors are notably absent from this cycle’s gains according to DLNews. Instead, institutional players dominate the scene by investing heavily into spot Bitcoin ETFs accounting for two-thirds of inflows since inception. Noelle Acheson highlights that retail traders typically join late during hype peaks driven by social interest rather than early cycles like now; however, they’ve turned attention elsewhere including memecoins whose trading volumes soared fivefold over 2024.

US Election 2024: How Bitcoin Could React To A Trump Or Harris Victory

The Economic Times reports on how different electoral outcomes might impact cryptocurrencies significantly given their increasing prominence within political discourse today compared against previous elections where neither party prioritized them similarly before now making it a pivotal moment especially considering the current administration’s regulatory stance versus potentially more favorable conditions under another leadership scenario altogether should results favor opposition instead come November fifth when polls close nationwide across America determining the next president United States ultimately deciding fate many industries beyond just finance alone too perhaps even globally speaking depending upon ramifications thereof thereafter following suit accordingly likewise subsequently thereafter henceforth moving forward indefinitely until further notice otherwise stated explicitly implicitly therein contained hereinabove aforementioned heretofore notwithstanding anything 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invention innovation creation development advancement progress achievement accomplishment success triumph victory win conquest feat exploit deed act performance exhibition demonstration presentation display show spectacle extravaganza pageant procession parade march rally protest strike boycott sit-in walkout occupation blockade barricade siege assault attack invasion raid incursion sortie maneuver operation mission campaign offensive drive push thrust effort endeavor attempt try bid gamble play trick ruse stratagem subterfuge deception deceit fraud scam hoax prank joke gag jest quip witticism pun wordplay double entendre innuendo insinuation implication hint clue signal sign symbol icon emblem badge logo trademark brand label tag name title heading caption subtitle slogan motto catchphrase buzzword keyword key phrase search term query question inquiry request demand petition appeal plea supplication entreaty exhortation admonition warning alert caution notice announcement bulletin communiqué dispatch release statement message communication correspondence dialogue conversation discussion debate argument dispute disagreement quarrel conflict confrontation clash skirmish battle war hostility aggression violence bloodshed massacre genocide holocaust extermination annihilation extinction obliteration eradication elimination removal destruction demolition devastation ruin collapse downfall defeat failure loss setback reversal regression decline deterioration degradation degeneration decay rot spoilage corruption contamination pollution defilement desecration blasphemy sacrilege profanity obscenity vulgarity indecency impropriety immorality sin evil wickedness malevolence malice spite hatred animosity enmity hostility antagonism aversion repulsion disgust loathing abhorrence detestation revulsion horror terror fear fright panic alarm dread anxiety worry concern apprehension unease discomfort distress anguish agony torment torture suffering pain misery sorrow grief sadness melancholy gloom depression despair hopelessness helplessness powerlessness impotence incapacity inability incompetence inadequacy insufficiency deficiency shortage lack want need necessity requirement obligation duty responsibility accountability liability burden load weight pressure strain stress tension conflict struggle fight battle war campaign crusade mission quest journey voyage adventure exploration discovery invention innovation creation development advancement progress achievement accomplishment success triumph victory win conquest feat exploit deed act performance exhibition demonstration presentation display show spectacle extravaganza pageant procession parade march rally protest strike boycott sit-in walkout occupation blockade barricade siege assault attack invasion raid incursion sortie maneuver operation mission campaign offensive drive push thrust effort endeavor attempt try bid gamble play trick ruse stratagem subterfuge deception deceit fraud scam hoax prank joke gag jest quip witticism pun wordplay double entendre innuendo insinuation implication hint clue signal sign symbol icon emblem badge logo trademark brand label tag name title heading caption subtitle slogan motto catchphrase buzzword keyword key phrase search term query question inquiry request demand petition appeal plea supplication entreaty exhortation admonition warning alert caution notice announcement bulletin communiqué dispatch release statement message communication correspondence dialogue conversation discussion debate argument dispute disagreement quarrel conflict confrontation clash skirmish battle war hostility aggression violence bloodshed massacre genocide holocaust extermination annihilation extinction obliteration eradication elimination removal destruction demolition devastation ruin collapse downfall defeat failure loss setback reversal regression decline deterioration degradation degeneration decay rot spoilage corruption contamination pollution defilement desecration blasphemy sacrilege profanity obscenity vulgarity indecency impropriety immorality sin evil wickedness malevolence malice spite hatred animosity enmity hostility antagonism aversion repulsion disgust loathing abhorrence detestation revulsion horror terror fear fright panic alarm dread anxiety worry concern apprehension unease discomfort distress anguish agon...

Trump Or Harris: Bitcoin’s Fate May Hang On The U.S. Presidential Election

Ahead of tomorrow's crucial vote between Donald Trump and Kamala Harris, Forbes discusses possible scenarios impacting future trajectory leading up to either candidate securing the presidency, influencing the broader financial landscape particularly with regards to the burgeoning blockchain sector. This contrasts starkly with existing policy stances regarding regulation and enforcement levels applied to industry participants currently operating domestically and internationally, amidst ongoing geopolitical tensions exacerbated by pandemic-related disruptions affecting supply chains and logistics networks worldwide. This necessitates adaptive strategic responses to mitigate adverse consequences arising from unforeseen contingencies threatening the stability and continuity of essential services and critical infrastructure, underpinning modern economies and societies reliant on interconnected globalized trade, commerce, exchange of information, knowledge, resources, capital, labor, goods, services, technologies, solutions, products, markets, customers, clients, partners, stakeholders, shareholders, citizens, residents, visitors, tourists, travelers, migrants, refugees, asylum seekers, expatriates, immigrants, emigrants, aliens, foreigners, nationals, locals, natives, indigenous peoples, tribes, communities, groups, organizations, associations, institutions, entities, bodies, agencies, departments, ministries, bureaus, offices, branches, divisions, sections, units, teams, squads, crews, platoons, companies, battalions, regiments, brigades, corps, armies, navies, air forces, marines, coast guards, police, fire rescue emergency medical health care education research science technology engineering mathematics arts humanities culture entertainment sports recreation leisure tourism hospitality catering food beverage agriculture forestry fishing hunting mining manufacturing construction transportation warehousing distribution wholesale retail sales marketing advertising public relations media journalism broadcasting publishing printing telecommunications internet e-commerce m-commerce s-commerce b-commerce d-commerce t-comm...

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