Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Alliance founder: No matter who wins the US election, money will continue to be printed, and it may be difficult to see major crypto innovations in t

Alliance founder: No matter who wins the US election, money will continue to be printed, and it may be difficult to see major crypto innovations in t

CointimeCointime2024/10/10 04:27
By:Cointime

Incubator Alliance, Qiao Wang, shared his views on how the US election results will affect the cryptocurrency market over the next 4 years during an X event:Bitcoin: The two candidates have little difference in monetary policy and are expected to continue printing money on a large scale.Altcoins: Trump may be more supportive of cryptocurrency innovation than Harris, which could drive up the altcoin market.Cryptocurrency startups: The US government's hostility towards the cryptocurrency industry over the past two years has suppressed innovation. If this attitude continues for four years, the US may struggle to see significant cryptocurrency innovation.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Navigating Crypto Volatility: How Bitcoin and Altcoins Influence Your Trading Choices

Understanding the Impact of Market Volatility on Crypto Trading: A Look at the Risk and Reward in Bitcoin and Altcoins

Coineagle2025/03/14 23:00

Bitcoin Plunge Signals Opportunity to Buy as USDT Flow Peaks in Six Months

Analyzing Stablecoin Spikes amid Bitcoin's Decline: A Sign of Impending Rally or a Word of Caution?

Coineagle2025/03/14 23:00

Keeping Faith in Bitcoin: Unraveling the 2017 Cycle and the Power of HODLing Strategy

Identifying Parallels Between BTC's Current Trends and Its Performance Four Years Prior - Should Investors Hold Firm or Alter Approaches?

Coineagle2025/03/14 23:00