📊 Trump is leading in the polls:
Is this a positive sign for Bitcoin BTC and the crypto market?
In a poll, former President Donald Trump leads Vice President Kamala Harris by 4%, despite the strong support Harris receives from major cities, where giant companies with strong influence in the economy and politics are based.
➡️ What does this have to do with the crypto market?
These giant companies that support Harris usually tend to favor economic policies that promote control and monopoly, policies that conflict with the philosophy of digital currencies that are based on decentralization and freedom from the authority of traditional companies.
Cryptocurrencies such as Bitcoin $BTC and Ethereum $ETH often face resistance from these companies that seek to tighten control over the market.
🔍 Does Trump's victory mean more freedom for crypto?
If Trump wins, the crypto market may face fewer restrictions, given its openness to innovation and the private sector. While the big companies that support Harris may see this progress as a threat to their monopolistic strategies, it could boost the value of cryptocurrencies as an alternative to the traditional financial system.
Will crypto benefit from this changing political landscape?
Follow us for more analysis👇
