How the 2024 Election will affect crypto


THIS IS NOT FINANCIAL ADVICE

 

Why this is the most important election in history?:

On November 5th 2024 the United States will hold its 60th election. This election will be monumental not just for crypto but for the future of our country. 

Crypto if Donald Trump wins:

Donald Trump has openly supported crypto and has spoken and multiple crypto events. It’s safe to say that if Trump wins this election bitcoin will hit 100k. He will pave the way for widespread crypto adoption and overall will be great for the whole crypto market. 

Crypto if Kamala Harris wins:

Kamala hasn’t openly endorsed crypto in anyway. But going of her polices Crypto’s future doesn’t look that bright if Kamala wins the election. She has openly endorsed a 25% tax on unrealized gains which has never been done before. That policy itself will cause the whole stock and crypto market to crash since it forces big institutions to sell their assets to avoid being taxed. Bitcoin might go down as low as 20k if she is elected president.

Key takeaways:

The key take aways are that if trump wins it will be a great thing for crypto and the overall market. If Kamala wins god bless us

 

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