Republican

Donald Trump

Rise

<ul class="news-points">
 <li>Kamala Harris’s 2024 election lead causes uncertainty in the crypto market.</li>
 <li>Trump’s bullish crypto stance contrasts Harris’s unclear position, influencing market sentiment.</li>
 <li>Fear of U.S. government BTC sales mirrors Germany’s, risking Bitcoin price drops.</li>
</ul>
Kamala Harris, the Democratic frontrunner in the 2024 presidential election, has attracted the votes of young, Black and Hispanic voters, wiping out the lead taken by Republican candidate Donald Trump across seven US states.
Notably, Harris, the current Vice President of the US, has also secured the lead over Trump on PredictIt market, having higher chances of winning the upcoming elections.
Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-08-01/big-tech-beats-bitcoin-btc-as-unwinding-trump-trade-saps-token" target="_blank" rel="noopener noreferrer nofollow">reports that</a> Harris taking a lead in the polls could have both short-term and long-term implications for the cryptocurrency market, if she wins the elections. While Trump is bullish on crypto and has declared plans for adoption of digital assets, the Harris campaign has yet to unveil its take on cryptocurrencies.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdWiGDcmJJtsNYtNsayyXM2pfJQwiZ5fl757Q2OALErVZQ3dpYLfeCSqJOWMisTZYpZImNAE4cMO51VBa2PxR16tKkjrIfepKJjI5jYo4wrUxYxQbieKpJGwZJapVb0JNI43bHZAlrHv_ESwh1h_LPjtKHi?key=qMXO4IiEyZAEc-kZynvTRQ" alt="">
</figure>
Noelle Acheson, author of the “Crypto Is Macro Now” newsletter, suggests that Harris’s rising popularity is a potential factor contributing to the recent suppression of Bitcoin prices. Kyle Do…
The post <a href="https://coinedition.com/kamala-harriss-rise-stirs-uncertainty-in-the-crypto-market/" rel="noopener noreferrer nofollow">Kamala Harris’s Rise Stirs Uncertainty in the Crypto Market</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Kamala Harris’s Rise Stirs Uncertainty in the Crypto Market

Coin Edition

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