'A Trump trade': How will Bitcoin price react to the November election outcome?
The firm argues:"Crypto is the rare instance, where the difference in election outcome could determine the destiny of the industry."
Bernstein explains that Trump's policy promises include appointing a crypto-friendly SEC chair and creating a national strategic Bitcoin stockpile. "Crypto has not found even one mention in any of Harris speeches. There is no mention of crypto in the recent policy statement released on the Harris website," they state.
They believe a Trump victory could provide a much-needed positive regulatory environment, spurring innovation and institutional participation in the crypto space.
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