The US presidential election in November will be key for the future of the crypto industry with a look at the price outlook for Bitcoin.
Although the role of crypto is subtly controlled by the US it was largely ignored four years ago and now the matter has become part of the current agenda in the run up to the election.
Former President, Republican candidate Donald Trump and democrat candidate Kamala Harris seem to be against the handling of the crypto market.
The US Securities and Exchange Commission (SEC) is doubling down on its enforcement actions against the sector anyone who governs the United States can make a difference in how assets are controlled in the coming years.
However, the crypto prediction market is now more in favor of a Donald Trump victory.
The odds for victory put former US President Trump's odds of winning the election at 63.7% and Kamala Harris's at 36.1% at the beginning of October and now it has reversed for both parties.
Industry experts at Galaxy Research gather insights and commentary on how a Trump or Harris victory could affect crypto especially regarding regulations and laws.
