Bernstein: If Trump wins the US election, it will be good for the cryptocurrency market, but Harris's victory will be bad

Odaily News Brokerage firm Bernstein said in a recent research report that if Trump wins the US election in November, it will be good for the cryptocurrency market, while Harris' victory will be bad for the market. The report pointed out that Bitcoin has weakened after Polymarket odds and polls turned to support Harris, and it is expected that Bitcoin will remain range-bound before the election becomes clear. Trump has been outspoken about his crypto policy and has reached out to companies in the industry, bitcoin miners and the wider community. He has also promised to provide favorable support for bitcoin and crypto innovation in his policies, and even mentioned the possibility of establishing a national bitcoin reserve. (CoinDesk)