With the US presidential elections nearing and no clear frontrunner, uncertainty looms over what effect the victor will have on the crypto sector.
The 2024 United States presidential election is set to have an unprecedented effect on the cryptocurrency industry.
While many investors worry that a victory for Vice President Kamala Harris would dampen the market, some believe that her administration would bring a positive change for the industry.
With Harris’ link to current President Joe Biden’s administration — which is often viewed as anti-crypto — analysts at private wealth management firm Bernstein forecast that a Harris victory could drive Bitcoin’s (BTC) price down significantly by year-end.
