US Elections To Have a Very Small Impact on Crypto Markets

Krutika Adani

Galaxy Digital’s Mike Novogratz

Galaxy Digital CEO Mike Novogratz believes that the results of the US elections would only lightly impact the future of crypto.

Positive Regulation to Follow

Novogratz believes that positive crypto regulations will follow regardless of who wins the elections.

Biden vs. Trump

Biden says he will continue to support the SEC’s efforts, while Trump wants to end hostility toward crypto.

US Elections on November 5

The US is about to hold elections on November 5, 2024, to elect its president.

What Polymarket Predicts

An overwhelming 63% of the users on Polymarket bet on Trump’s win, while only 20% are confident in Biden.