Crypto Market Watch: Presidential Debate Uncertainty

IconCryptoNewsTerminal Staff10 Sep, 2024

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Crypto Market Watch: Presidential Debate Uncertainty

QCP Capital, a Singapore-based cryptocurrency trading firm, analyzed through their official Telegram channel that "Ahead of the US presidential candidates' debate, macro uncertainty dominates crypto markets." They further stated that "In the upcoming debate, while former President Donald Trump's stance on corporate tax cuts and tariff hikes is clear, the market will be watching Kamala Harris' policy remarks. Trump is widely considered "pro-crypto," but if Harris speaks favorably about digital currencies during the campaign, that could be the bigger surprise." The first Harris-Trump TV showdown is scheduled to take place on September 11 at 10 AM KST.