Some people are quite obsessed with the US election. I can partially understand this due to Trump being the first US presidential candidate (to my knowledge) to openly support cryptocurrency. However, this doesn't mean that Bitcoin will falter if Kamala Harris wins. Even without a clear public stance on crypto or Bitcoin, she is expected to maintain the Biden administration's more cautious approach towards cryptocurrencies, especially altcoins.

For these reasons:

Even during Biden's less crypto-friendly presidency, Bitcoin has thrived. Not only has its price increased, but Bitcoin and Ethereum ETFs have been approved.

The US is already a major player in the Bitcoin and crypto space. Mining dominance, numerous exchanges, and high adoption rates (approximately 50 million Americans holding crypto) demonstrate this.

Altcoins are more vulnerable to SEC regulations than Bitcoin. The SEC's actions under Gensler have primarily targeted altcoin exchanges, staking platforms (often resembling Ponzi schemes), and centralized DeFi projects like Uniswap.

As only 4% of the global population, the US has limited influence on Bitcoin, a global currency. Moreover, the US already has significant crypto adoption (nearly 20% of the population).

Future price growth is primarily driven by expanding adoption in other regions, including many European countries with lower penetration.

Let's hear your opinion