Trump in the White House: What Does This Mean for the Future of Cryptocurrencies?
What would be the impacts of a Donald Trump victory on the cryptocurrency market in 2024?
With a history of more favorable positions towards the crypto sector, Donald Trump could boost the value of digital assets such as Bitcoin if he wins the US elections. Analysts believe that a Trump administration would create a more friendly regulatory environment for cryptocurrencies, which could help Bitcoin reach record levels, between $80,000 and $90,000. This scenario contrasts with a possible more rigid approach from other candidates, such as Kamala Harris, who would focus on strict regulations and consumer protection, which could devalue cryptocurrencies in the short term.
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With the support of a more favorable environment and alignment with the economic cycle, a Trump administration could mark a new chapter for the digital asset market in the US.
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