Altcoins Price & The November 2020 USA Elections

[TomPluz]

There can be some gains after the election whatever the outcome for that. If there will be some violence on the streets, though unfortunate as they can be, cryptocurrency can be given the spotlight as a safe haven. Now, if the whole thing can be peaceful then it is possible that the same interest on cryptocurrency can be heightened. Whoever wins the White House does not matter much to all of us in this industry as no candidate (old as they are) put some focus for the cryptocurrency agenda.

[Coin63@]

Running November two great news waiting for us,, Ethereum 2.0 platform will launch, American Donald trump elections. Both are very much important in our cryptocurrency market cap. But another issue is the digital yuan design by China governments support. All are create an impact on cryptocurrency market.

[Gubre]

I wonder how this US election affect the situation in the crypto markets. But somehow if it affects negative in the market the important is cryptocurrency had given chances to be heard by the world who are unaware about it.

[StreakW]

I don't know exactly what happens in US elections because I so rarely to read the news, but if connected to US I think will give an impact on bitcoin price, will pump or dump but don't worry every impact will end soon

[Alcor]

It looks like the US presidential election is indeed having a significant impact on the cryptocurrency market.  Today the price of bitcoin quickly crossed the $ 14,000 mark and is now at $ 14,269.  I do not yet see any other possible explanation for this growth than this election and the possible victory of Biden in them, since Trump has spoken negatively about Bitcoin several times.

[MrSpasybo]

Maybe many people fear that the economy will be negatively impacted after the election, so they will tend to invest in crypto assets, especially BTC because BTC has a history of price increases after each election...
Just make sure that blockchain prediction and betting platforms will thrive after this event

[ranaprime]

The Crypto market is not depend on USA Elections or any other elections. But it;s price ups and downs by the news of any remarkable change. As we know the the USA President can change then it can effect on our market particularly in its price range. It can be so high price or stable or low this is very common. In my personal opinion i don't want to say USA election can change our crypto currency world.

[Malam90]

Ethereum 2.0 already declared and released their smart deposit contact address and it is the first step. 1st December 2020, Ethereum 2.0 will finally launch. I don't think US election has any positive or negative impact on Bitcoin or altcoin price at this moment. No president of USA will declare Bitcoin or altcoins as legal so it will not put any impact on price. But Biden can be positive minded about crypto.

[Mexite]

While it's often the case that politics do have influence over the performance of stocks and even cryptocurrency due to the uncertainty that comes with the eventual result, this year's US election seems not to portend any negative effect on the crypto market.

Despite the tension brewing up in the US election, BTC and altcoins prices have continued to rise in recent days. This is surprising and awesome any way.

[sky20]

Altcoin price increasing rapidly. Ethereum is the top altcoin and it's price increasing. It resume for bull run but waiting the green signal of USA election. Crypto Experts are occurred that if biden won in the USA election then Alta will start again and with in short of time it recover the price.

[Thymoty]

I don't think the US presidential election has had a very significant impact on the global cryptocurrency movement. The increase in prices for cryptocurrencies at this time resulted from the recovery of the crypto market since its long slump.

[Dociko]

USA election is already over. And Biden has won. But I think any impact on the cryptocurrency market awaits the announcement of the US government. These are true silent continuous events. People spread these rumors. I think as many investors and successful people as there are in the market will not listen to these rumors. Because the last time I saw it, US President Donald Trump declared that he was not a fan of cryptocurrency. As a result, the popularity of cryptocurrency has decreased but the popularity of cryptocurrency has not decreased.

[trauchot]

I do not think that the US elections somehow influenced the cryptocurrency market, because we ourselves saw how the cryptocurrency market grew throughout 2020 and many cryptocurrencies showed good growth even before the US elections, so the US elections have nothing to do with cryptocurrencies this year, but now, in my opinion, another growth of the cryptocurrency market is expected till the end of 2020.

[gunhell16]

BTC's price have recently broken a new high since after over a year now and this is amidst preparations for the upcoming november US elections.

A lot of experts in cryptospace have speculated differently on altcoins market situations as regards to the US elections, many speculated we are not seeing any green in the altcoins market until around first quarter of 2021 while a lot have speculated we will keep having a red altcoins market until around late november.

Despite all these speculations, BTC just pulled out and looks like the rocket engines are still warming up for a more upward price actions. What do you all think about this situation? Please lets air our view.

Correction dude, the election that was happened in the USA has no connection to the price of Bitcoin increasing these a couple of weeks now. And besides, the price of Bitcoin is not dependent on what is happening now in the US. Because have you forgotten that bitcoin is decentralized not centralized based system.

[Fenix]

If the cryptocurrency market reacted noticeably to the process and results of the US presidential elections, then it should have grown in recent days after the media unofficially announced Biden's victory.  For cryptocurrency, this should be a better outcome than Trump's re-presidency.  However, for the last four days, Bitcoin and the entire market have practically stood still.  So I don't think there is such an influence.