Kamala Harris Influences Bitcoin Surge with Recent Statements

One of the most significant agenda items for cryptocurrency markets is the ongoing presidential race. In November, Trump and Harris will compete to become the new President of the United States. A critical question remains: what will the new president’s stance be on cryptocurrencies amid ongoing legal pressures?

Latest on Cryptocurrencies

Harris’ statements have contributed to Bitcoin $105,909 prices rising above $63,200. According to a Bloomberg report, she stated that there would be no obstacles to the growth of cryptocurrencies and artificial intelligence, implying support for these sectors. While she didn’t explicitly mention cryptocurrencies, her commitment to supporting the growth of “digital assets” clearly refers to them.

Following her announcement, Bitcoin suddenly increased, although it didn’t surpass its daily peak. If Kamala Harris can align her presidential performance with her statements today, we should expect a market rise due to a shift away from the current administration’s negative stance on cryptocurrencies. Meanwhile, Trump is already part of the crypto community, having launched his own DeFi platform. Thus, regardless of who wins the election, we may be heading towards a scenario where cryptocurrency emerges victorious.