There has been a second assassination attempt on Donald Trump. His near death comes five days after his first debate with Democratic nominee and incumbent Vice President Kamala Harris. Crypto KOLs and heads have voiced their worry and support for Trump and what his win will be for the crypto industry.
Trump’s win is good for crypto
Crypto has become a topic of conversation in the current presidential race between Republican Donald Trump and Democratic Kamala Harris. Trump has shown his support for crypto and even accepted donations in virtual currencies. He has his own NFTs, and so does his wife Melania Trump.
A crypto analyst points out, “I do think a trump victory is better for altcoins than BTC on a relative basis, mostly because easing on the regulatory front helps alts more than BTC.”
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There has been a regulatory crackdown under SEC’s Gary Gensler, and many crypto entities have moved out of America. Trump has promised to make America the leading crypto hub if elected president.
According to data from TradingView, today’s crypto market cap stands at 2.007T, which is 0.34% lower than yesterday. The altcoin market cap stands at 192.535B.
Politifi tokens are down following the assassination attempt. According to on-chain data from CoinGecko, the PolitiFi market cap today stands at $483 Million, a 5.6% dip in the last 24 hours.
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