Kamala Harris Presidential Bid: Uncertainty for Crypto Regulations and Bitcoin Impact
Kamala Harris, wey be Democratic presidential candidate, don talk about some rules wey go affect crypto market before 2024 U.S. election. At first, Harris talk say she go nominate Mark Cuban as head of SEC and make crypto regulations dey clear. Recent analysis show say her unclear stand and how she fit follow Biden wey no like crypto policies no go really affect Bitcoin, but fit bring short-term wahala. Wetin dey worry people be say crypto companies fit run comot from U.S. because of strong regulations, but if Harris dey rule, more money fit dey circulate for world market wey fit support crypto prices. People dey still dey reason how Harris go affect things, especially how U.S. regulations fit affect the whole world.
Neutral
Even though Kamala Harris plans dey bring regulatory wahala wey fit make market shake small for beginning, dem dey expect say di overall effect on Bitcoin go dey neutral for long run. Her potential presidency dey raise worries about tougher rules, but di effect dey balance by possible global money support. From before before, market reactions to regulatory news dey tend to settle down after di first shaking, dis one dey show say e go dey neutral as time dey go. Dis dey show bigger trend where regulatory fear dey always lead to brief dips but no dey lead to long-term bearish movements.