Bernstein report: The market remains confused about Harris's cryptocurrency policy uncertainty, and market sentiment will be stronger after Trump's victory

2024-09-23 17:58:48
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ChainCatcher news, according to The Block, Bernstein analysis points out that despite U.S. Vice President Kamala Harris recently expressing support for the crypto industry at a fundraising event, the market remains confused about the uncertainty of her policies. In contrast, the sentiment in the crypto market may be stronger if Trump wins, as he has explicitly promised to make the U.S. a "crypto capital" and supports DeFi, asset tokenization, and Bitcoin mining. However, regardless of the election outcome, the current inflow of funds into Bitcoin and Ethereum ETFs and the Federal Reserve's loose monetary policy are expected to continue driving the market upward.

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