As the U.S. election nears, Bitcoin continues to outperform altcoins, which have struggled amid regulatory uncertainties. Analysts from K33 Research suggest that the results of the election could significantly impact altcoins, making them particularly sensitive to political outcomes. This opens the possibility of an altcoin rally after the election concludes.
The lag of altcoins compared to Bitcoin this year highlights the impact of regulatory fears on market dynamics. Investors and traders will be closely monitoring any shifts in the political landscape that may affect cryptocurrency regulations moving forward. Depending on the election outcomes, altcoins might see a shift in momentum.
