How Will the U.S. Election 2024 Results Impact the Crypto Market?
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As the 2024 U.S. presidential election draws near, the crypto market is on edge, with Bitcoin and other major coins experiencing volatility. Meanwhile, prediction markets show a close race between Vice President Kamala Harris and former President Donald Trump, and many crypto analysts expect the election’s outcome to have a direct impact on digital asset prices.
Prominent crypto trader Emperor recently shared his views on how the election results could impact the crypto market. He predicts that if Trump wins, there may be an initial market rally, driven by Trump’s pro-crypto stance and his promise to clarify regulations for digital assets.
This assurance could boost market confidence, especially for Bitcoin, which often reacts strongly to changes in U.S. policy.
This is What I Expect in Crypto during the election results.
1. Market instant Pumps as Trump wins.
2. Short term holders and event trading retails take Profits, market Dumps.
3. Sell the news event. Dip and Accumulation. Markets becomes boring, retail leaves.
4. People lose…
