What impact can the US election have on crypto markets?

economictimes.indiatimes.com:

This year has already been a landmark period for crypto. Bitcoin reached new all-time highs, and the approval of spot Bitcoin and Ether exchange-traded funds (ETFs) in the US marked significant steps toward mainstream acceptance. These milestones highlight the growing integration of digital currencies into the global economy, setting the stage for heightened political and regulatory attention as the election nears.

A crucial element in this election cycle is the growing influence of younger voters, particularly Gen Z and Millennials, who make up a significant portion of the electorate. A survey by Stand With Crypto Alliance indicates that over half of these voters are likely to support candidates advocating for crypto-friendly policies. In swing states, 21% of voters consider crypto policies important, with a notable portion identifying as pro-crypto. This demographic shift is pushing political candidates to address crypto more directly, recognizing its importance to a key segment of the electorate. As a result, crypto policies have become a central issue for many voters, amplifying their impact on the election outcome.

We see that candidates’ positions on crypto will likely shape the industry's future. Former President