what impact might it have on the cryptocurrency market?
If we look at the bigger picture, we can see that no matter who the US president is, bitcoin has been and is still growing over the past 15 years. So you don't need to worry too much if the Democratic Party continues to win this election. During Mr. Biden's 4 years in office, although he had harsh and unfriendly policies towards bitcoin, you could still see bitcoin constantly growing, so even if Kamala Harris was elected, nothing serious would happen.
Everyone is looking to Trump because he will be the first US president to support bitcoin if elected, people are expecting him to create a strong breakthrough for bitcoin if he keeps his promise. That's what's going on.