How The US Election Will Impact The Crypto Market?
All the attention of market participants is currently focused on the presidential election of the United States. The quadrennial event is considered to have a huge impact on the economy and the investment world. In fact, the fate of the crypto market is also influenced by who will be elected as the US president. 2024 US Elections At A Glance In this election, former 45th US President Donald Trump, who is supported by the Republican Party, will face the incumbent president Joe Biden, who is supported by the Democratic Party. At least, there are three policies that have an impact on the behavior of global investors and the crypto sector. The first is policies related to geopolitical issues. This problem is one of the causes of the sluggish global economy due to the uncertainty caused. If the elected president can improve the situation, the global economy will undoubtedly start to improve. The second is the issue of interest rates. The Fed has so far still applied high interest rates as a