A well-known economist thinks the upcoming US presidential election could have a big impact on the crypto market.
Trump or Harris? Different Crypto Winners?
Alex Krüger believes that altcoins, like Solana, could do well if Donald Trump wins. But if Kamala Harris takes the presidency, he thinks Bitcoin will be the top performer.
Krüger says, “If the Democrats win, you want to be in Bitcoin. If Republicans win, it’s a good time to bet on altcoins and DeFi.” He thinks Republicans are generally more pro-crypto, while Harris is less supportive. He sees Bitcoin as “digital gold,” separate from other cryptocurrencies.
Election Night Volatility
Krüger expects the crypto market to be volatile on election night as results come in. He says it’s a big trading opportunity for those who want to stay up all night and make moves based on the changing odds.
Disclaimer: This is just one economist’s opinion. It’s important to do your own research before making any investment decisions. Remember, crypto is a high-risk investment, and you could lose money.
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