As the 2024 U.S. presidential election approaches, the crypto community is keenly observing potential impacts on the market. Both Kamala Harris, the Democratic candidate, and former President Donald Trump are expected to influence Bitcoin and the broader cryptocurrency market in different ways.
Keen observations cover regulatory shifts and market movements, including Bitcoin's price, which could head towards $80K or drop to $40K depending on the election's outcome. The discussion also includes the role and future of SEC Chairman Gary Gensler in shaping the crypto landscape.
Keen observers believe Kamala Harris may adopt a more regulated approach, possibly imposing stricter regulations on the cryptocurrency markets. On the other hand, Donald Trump is anticipated to maintain his skeptical stance towards cryptocurrencies.
