Explore the 2024 US Election battle between Donald Trump and Kamala Harris, and how their policies impact the crypto ecosystem. Discover Trump’s pro-crypto stance and his potential to shape the future of Bitcoin mining, along with the latest market reactions. Plus, join Bitrue’s Election Forecast contest for a chance to win 10,000 USDT!
The United States General Election has attracted the attention of the global community, including crypto activists. During the campaign period, investors in the crypto ecosystem highlighted the views of the latest US presidential candidates, namely Donald Trump and Kamala Harris, on crypto. Donald Trump is indeed more open to the crypto ecosystem, including his plan to make America a center for Bitcoin mining.
So, who is superior in the 2024 US Election? Is Donald Trump still wanted to be the next US President compared to Kamala Harris by crypto activists? Or is Kamala Harris now superior in electability and able to attract the attention of crypto activists at the last second of the election?
Read the full and detail explanation in this article. You also have the opportunity to win 10,000 USDT in the Election Forecast contest currently being held by Bitrue.
US Election Battle: Donald Trump Vs. Kamala Harris
On November 5 local time, the US Election was officially held. Eligible Americans flocked to cast their votes for the candidate they wanted to become US President in the upcoming period. Donald Trump and Kamala Harris finally officially competed after campaigning for the past few months.
In the live report of the US Election when this article was written, it was known that Donald Trump was ahead in the vote acquisition by a fairly narrow value, namely 51.2% compared to 47.4%.
In the recording of this temporary report, Trump was seen to be ahead in various regions, such as Texas, Mississippi, Florida, and others. Meanwhile, Kamala Harris was ahead in more flashy areas, such as New York, California, and Washington DC.
For information about the Election system in the United States, today’s US Election voting is not the end. The elected president will be determined from the election conducted by the Electoral College where its members are also elected today. The election by the Electoral College will be held in December 2024.
Is Donald Trump More Pro Crypto Ecosystem?
The crypto ecosystem highlights in detail about the 2024 US Election. This is because the newest President of the United States is the one who determines how new regulations in the crypto and blockchain world will be in the future. Moreover, the SEC is often highlighted because of its very complicated rules regarding crypto licensing.
During the campaign, Donald Trump received a lot of praise from crypto activists. His plan to remove SEC members, his desire to make America a center for Bitcoin mining, and even his action of making payments at a pub using Bitcoin received a lot of praise.
On the other hand, Kamala Harris received less attention in the crypto ecosystem. Kamala Harris is not as old-fashioned as Joe Biden, but her plans for the crypto ecosystem have disappointed many. Especially when she explained about crypto and blockchain regulations during the campaign but did not use terms related to these things at all.
However, during the US Election campaign, there were many movements to support both candidates. Both Donald Trump and Kamala Harris received donation support for campaign costs. In fact, Joe Biden, one of the early candidates before Kamala Harris who later withdrew, also received “tips” from crypto activist groups.
Bitcoin Price Rises Significantly on Donald Trump’s Lead
As predicted, the 2024 US Election contest is indeed a determinant of how the ecosystem will run in the future. Big investors flocked to show support for their favorite candidates and this caused the crypto ecosystem to experience significant price changes in the last 24 hours.
Surprisingly, Bitcoin price today even experienced a drastic increase and recorded its latest ATH, which was at $ 75,000, whereas previously BTC’s ATH was at $ 73,800. Many investors are betting and along with Donald Trump’s superiority, crypto tokens are experiencing price strengthening.
At the time of writing, Bitcoin is trading at $74,065 with a 7.72% increase. In 24 hours, BTC was at its latest ATH, which was $75,407. As can be seen in the price chart above, the BTC RSI value is very high at 74.79, which means the buying trend is very high and can result in overbought.
Not only Bitcoin, various other tokens also experienced a significant increase in price. Ethereum recorded its latest price at $2,626 after experiencing an increase of 8.39%. Solana’s price increase even reached 15.73% so that it is now trading at $186.32.
Don’t forget about memecoin which also received sharp attention during the campaign period. Moreover, there is a meme token as a parody of Donald Trump, namely $TRUMP. However, unfortunately, currently, the TRUMP token has actually experienced a price decrease of 0.53% so that it is traded for $3,738.
Conclusion
Donald Trump Vs. Kamala Harris in the 2024 US Election will indeed determine the fate of the crypto ecosystem in the future. Crypto activists support one of the candidates, including major investors. If the candidate is elected, will the crypto ecosystem have friendlier and clearer regulations than now?
For those of you who want to participate in the 2024 US Election, but are not American citizens, you don’t need to be sad. Because, you can guess who will be elected as the next US president by following the Election Forecast currently being held by Bitrue.
You can choose Donald Trump or Kamala Harris as your champion. And if your choice is correct, you have the chance to win 10,000 USDT! How to participate? Immediately see the contest “Who Will Be Elected U.S. President, Trump or Harris?” which is on the Bitrue website right now!
About Bitrue
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This Press Release has also been published on VRITIMES