Kamala Harris Bridges Gap Between Democratic Party and Cryptocurrency Industry
The campaign is heating up in the United States, with Kamala Harris likely to be the Democratic Party’s sole presidential candidate. She is making strides to ease tensions between the Democratic Party and the cryptocurrency industry by engaging with industry leaders such as Coinbase, Ripple Labs, and Circle. Harris’s aim is to pave the way for a smoother relationship between the two entities before mid-August 2024.
Donald Trump’s Influence on Digital Assets and Market Trends
Contrary to Trump’s history of opposition, he now supports the cryptocurrency industry, even going as far as interacting with NFT holders. This shift in stance is seen as an attempt to counter Donald Trump’s growing influence on the digital asset space. As Trump positions himself as a proponent of making the United States the cryptocurrency capital of the world, experts speculate on the impact it may have on market trends.
Upcoming Elections and Market Speculation
With the United States gearing up for elections in 2024, the interaction between political leaders and the cryptocurrency market becomes increasingly crucial. As Bitcoin and Ethereum prices remain below key thresholds, market participants closely observe how candidates’ actions may affect market sentiment. The upcoming national congress in August 2024 is poised to be a pivotal moment for both political speeches and market reactions.
