Trump Promises Crypto Moon If He Wins the Election

Industry leaders are rallying behind Donald Trump, banking on his pro-crypto policies to spark sector growth. If he wins, we might see a $100k Bitcoin

Industry leaders are rallying behind Donald Trump, banking on his pro-crypto policies to spark sector growth. If he wins, we might see a $100k Bitcoin before the end of the year; if not, we might see $10k.

Price structure in majors sets the overall direction of the market.

Here $ETH really does looked bottomed and primed for a move higher. A reclaim of $2850 and this is the signal for me to be risk-on.

If Trump wins in November not only does a trending market get established… pic.twitter.com/h5ebFnUBKz

— McKenna (@Crypto_McKenna) October 20, 2024

Here's what the crypto industry is staring down, with some of this already baked in off a Trump win: massive global crypto adoption, best time of the year for gains, Bitcoin halving, interest rates lowering, meme coins resurging, china opening up to crypto, US printing money again, AI hype, stock market all-time highs, institutional adoption, banks failing, mainstream attention

That's a mouthful. This is what else you need to know about the last two weeks before the US election.

Trump McDonalds Staged Stunt

This is gonna go down in history as the photo that won Trump the election pic.twitter.com/IJtEZmdwgp

— Libs of TikTok (@libsoftiktok) October 20, 2024

What you see is what having harmless fun looks like. This was given in 20th-century America until the 1990s, when nihilistic views settled in. Trump is a product of that era, and that’s how he can joke around and be charming to people around him without looking fake like the rest of the politicians.

Once again, TRUMP KNOWS HOW TO LOAD UP THEM FRIES.

Okay, now, with that out of the way, onto crypto.

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Trump’s Crypto Policies Explained

Trump is courting crypto enthusiasts with bold promises, including a pledge to replace SEC Chair Gary Gensler. While he can't directly fire Gensler, Trump could reduce him to a commissioner and nominate a compliant replacement, pending Senate approval.

A crypto-friendly SEC could boost Bitcoin and revive altcoins like XRP and Solana. Also, Bloomberg's Eric Balchunas suggests that a Trump win might usher in more altcoin ETFs. Trump's vision to make the U.S. a crypto hub includes forming a crypto advisory council.

Trump's victory should also benefit DeFi and meme coins, with his DeFi project, World Liberty Financial, in the spotlight.

Final Thoughts on Whether Trump McDonalds

This has officially become the most manic election cycle in US history: At what point do you start believing the man upstairs is deciding that He hates communism and wants to pack your Bitcoin bags for you?

READ MORE: This Week In Crypto Asia: What Is Fiewin App Scam? How India Busted $48 Million Crypto Fraud With Binance’s Assistance

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