Trump Or Harris Win, US Presidential Election Is A Win-Win For The Crypto Market: QCP Capital

The U.S. presidential election could act as a catalyst for the crypto market, and as both candidates have expressed their support for digital assets, a win for either of the candidates may be a win for the crypto market, according to QCP Capital.

What Happened: Cryptocurrency markets continue to consolidate, with Bitcoin (CRYPTO: BTC) currently trading above the key $64,000 level at $64,300, though remaining in a tight range between $62,000 and $64,000.

Ethereum (CRYPTO: ETH) is experiencing a similar pattern, hovering near the $2,630 mark.

The report highlights the remarks by presidential candidate Kamala Harris, who reaffirmed her support for cryptocurrencies and pledged to make the U.S. a global leader in “AI, quantum computing and blockchain.”

This marks the second time this week …

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