As Harris strengthens, risk aversion has begun in the crypto market.

Crypto analysts have suggested that the US presidential debate, which fell short of expectations, has encouraged risk aversion.

As preparations for the US presidential election continue at full speed, #DonaldTrump and #KamalaHarris have faced off for the first time. While crypto was not included in the debate held the other day, Harris' increasing potential votes drew attention.
The decline in the crypto market began with the completion of the debate. The Harris-Trump match, which fell short of expectations, accelerated the outflow of money from risky assets. Hours after the debate, US markets also opened negatively.

Crypto analysts commented on what has been happening in the crypto market in the last two days.
Crypto analysts stated that the crypto decline after the US presidential debate was a "buy the expectation, sell the news" strategy.

Traders expected any candidate to speak about crypto in last night's debate. Analysts, who stated that the sales increased due to the failure to meet expectations, said that Trump's performance against Harris was also seen as inadequate.
“The US presidential debate was a news selling event compared to Trump's previous debate against Biden. People are agreeing that the debate was a loss for Trump.”
Speaking to The Block, analysts stated that Trump, who lost power against Harris, has openly supported crypto. Analysts said:
“Given the recent news about the DeFi project and his campaign promises to remove Gary Gensler, the chairman of the US Securities Exchange Commission (SEC), Trump's interest in crypto is now clear.”

BRN analyst Valentin Fournier argued that Harris is closer to an election victory and that these developments will pressure the crypto market, especially Bitcoin.

Kamala Harris takes the lead over Donald Trump on Polymarket, shaking things up ahead of the November election. With Harris now sitting at 50% and Trump at 49%, the race is tighter than ever. This sudden shift follows a dramatic tie after Tuesday's debate, keeping the markets buzzing. Will this impact crypto trends? Keep an eye on how the political landscape influences the next crypto moves. ⏳ #Binance #CryptoMarket #Election2024 #KamalaHarris #donaldtrump
#Write2Earn!

Lawmaker Criticizes Biden-Harris Administration's Approach to De-fi Regulation

#DEFİ #Biden #KamalaHarris #Binance #BTC

House Financial Services Subcommittee Chairman French Hill emphasized the need to understand decentralized finance technologies during a hearing.

He criticized the Biden administration’s regulatory approach and urged Congress to keep discussions open on supporting defi innovation.

Hill noted that current regulatory frameworks were created for a system reliant on centralized intermediaries, not the decentralized, peer-to-peer ecosystem enabled by digital assets and blockchain.

🚨 Kamala Harris’ 25% Tax on Unrealized Gains Could Trigger Economic Chaos! 💥

Picture this: you invest $50,000 in stocks, and your shares grow to $70,000. Kamala Harris’ proposed 25% tax would hit that $20,000 gain—even if you haven’t sold any shares! Now, imagine your shares plummet to $45,000 the following year. You’d still owe taxes on money you’ve lost, forcing many to sell off investments just to cover tax bills.

**Potential Fallout:**
- **Middle-Class Hit Hard:** Unrealized gains tax could threaten savings, retirement funds, and college accounts.
- **Market Instability:** Forced sell-offs could trigger a sharp drop in stock prices, wiping out billions.
- **Economic Downturn:** Mass investor withdrawals could lead to a severe recession.

Could this policy be a ticking time bomb for the economy, or will investors find a way to adapt? Let’s discuss the impact of this controversial proposal. 🌪️📉

#StockMarket #EconomicCrisis #DOGSONBINANCE #KamalaHarris #FinancialFuture

🚨💥 Harris’ Unrealized Gains Tax: A Potential Market Meltdown? 💥🚨

Imagine investing $50,000 in stocks and seeing it grow to $70,000. Under Kamala Harris’ bold new proposal, you’d face a 25% tax on the $20,000 unrealized gain—even if you haven’t sold a single share!

Here’s where it gets tricky: If the market dives and your shares fall to $45,000 next year, you’ll still owe taxes on the gains that evaporated. 😲 This could force investors to sell off assets just to cover tax bills, sparking potential market chaos!

Could this spell economic turmoil? 🤔

Middle-Class Squeeze: Taxes on unrealized gains might threaten hard-earned savings and retirement funds.

Market Instability: Panic selling could send stock prices plummeting, erasing billions in value.

Economic Downturn: A wave of sell-offs could lead to a severe economic downturn, echoing past financial crises.

Is this tax plan a recipe for market disaster or a challenge investors can navigate? Share your thoughts—this could be the start of a wild financial ride! 🌪️📉

#CryptoNews #Binance #KamalaHarris #StockMarket #EconomicForecast

🚨💥 Harris’ Unrealized Gains Tax: Market Meltdown? 💥🚨

Imagine investing $50,000 that grows to $70,000 and facing a 25% tax on the $20,000 gain—even if you haven’t sold! If the value drops to $45,000 next year, you still owe taxes on the gains that vanished. 😲

This could force asset sell-offs, causing market chaos and potentially impacting savings, stock prices, and the economy.

Is this a disaster waiting to happen or just a new challenge for investors? Share your thoughts!

#CryptoNews #Binance #KamalaHarris #StockMarket #EconomicForecast

WHO WILL WIN❓🤔🤔🤔

#DonaldJTrump #KamalaHarris $TKO $SUPER

🗳️ Presidential Debate 2024 Recap! 🗳️

In a fiery exchange between Trump and Harris, tensions soared:
• Trump accused Harris of dishonesty 📢
• Harris hit back, highlighting Trump's false statements 🗣️
• Surprisingly, no mention of crypto—an unexpected miss in today’s digital age! 💰💔

The debate shook up the betting odds, with Trump’s likelihood of winning dropping from 53% to 49% 📉. With accusations flying and no crypto discussion in sight, the 2024 race just got more intriguing. What’s next for this high-stakes contest? 🧐🇺🇸

Stay tuned for more updates and keep an eye on the shifting odds!

#DonaldTrump #KamalaHarris #DOGSONBINANCE #CPI_BTC_Watch #Election2024 $BTC
$ETH
$BNB

🚨 Senator Chuck Schumer’s Latest Move Leaves Crypto Out of the Bipartisan Agenda 🚨

Senator Chuck Schumer’s recent “Dear Colleague” letter has left cryptocurrency off the latest bipartisan agenda, despite his earlier comments at the “Crypto4Harris” town hall. Schumer had expressed optimism about passing a bipartisan crypto regulation bill by year-end, aiming to balance innovation with common-sense guardrails.

During the Crypto4Harris event—organized by Vice President Kamala Harris’s supporters—Schumer emphasized the need for the U.S. to stay competitive and not let crypto go overseas. He had committed to getting a crypto regulation bill through the Senate and into law by December.

However, his latest letter has sparked criticism from the decentralized community. Some argue that the Biden-Harris administration shows a lack of genuine commitment to crypto issues, with frustrations voiced on social media about the administration's actions versus their rhetoric.

Despite the setback, Harris's campaign still accepts crypto donations via Coinbase. Yet, cryptocurrency and blockchain remain absent from her official website, reflecting the administration’s cautious approach to digital assets.

Backing from pro-crypto Democrats like Mark Cuban and Chris Larsen hasn't translated into momentum in the betting markets, where odds are leaning towards Trump.

Stay tuned for more updates as this political and crypto drama unfolds! 📉💬

#CryptoPolicy #ChuckSchumer #KamalaHarris #Crypto4Harris #Binance
$BTC
$ETH
$BNB

BTC and ETH are under pressure: This week is going to be very tense.

$BTC and $ETH are both down on Friday due to negative economic data from the US, adding to the pressure on the market.

#Bitcoin (BTC) is trading at $54,700 as of writing and has gained 0.64 percent in the last 24 hours. Ethereum (ETH) is changing hands at around $2,290, up 0.17 percent.
On Friday, the latest US nonfarm payroll (NFP) data, a vital indicator of the country’s employment, inflation and overall economic health, was released. The US NFP increased by 142,000 in August, falling below the market expectation of 160,000.

“The NFP results need to be almost perfect for cryptocurrencies to see an uptick,” said Augustine Fan, a founding partner at SOFA.org. “But we had one of the worst results. The repricing of risk sentiment pushed BTC and ETH lower,” he added.

#BTC fell to around $52,850 on the day of the economic data release, while #ETH briefly fell to $2,160 on Friday. “The lower unemployment figures have eased concerns about an impending recession, but the lower-than-expected payrolls data seems to be dominating market sentiment right now,” said Lucy Hu, senior analyst at Metalpha.

Hu at Metapha said that Bitcoin’s volatility will continue until the next Fed meeting. The next Federal Open Market Committee meeting is scheduled for September 17-18.
“Without positive signals in the short term, there could be more risk reductions next week,” said Fan at SOFA.org. “The focus will be on the US Presidential Debate on Tuesday, which will also feature inflation data and central bank speeches from around the world.

US presidential candidates #DonaldTrump and #KamalaHarris are expected to hold their first televised debate, with recent polls showing the two neck and neck. BTC was one of the main topics of the upcoming November elections but was not mentioned in the previous debate between Trump and incumbent US President Joe Biden.

🚨 25% Tax on Unrealized Gains? Kamala Harris’ Plan Could Trigger Market Chaos! 💥

Imagine this: you invest $50,000 in stocks, and they rise to $70,000. Under Kamala Harris’ new tax proposal, you’d be taxed 25% on the $20,000 unrealized gain—even if you haven’t sold a share. You’d owe taxes on money still locked in the market!

The Risk: If the market crashes and your shares drop to $45,000, you’re still stuck paying taxes on gains that disappeared. This could force investors into panic-selling just to cover tax bills, leading to market turmoil and a potential economic crisis.

Could This Spark Another Great Depression?

This tax could destabilize the stock market, leading to massive sell-offs and economic downturns. Middle-class investors, retirement funds, and savings accounts are at risk, potentially triggering a severe recession.

Potential Fallout:

- Middle-Class Investors Hit Hard: Savings, retirement funds, and college accounts could take a big hit.
- Market Instability: Forced sell-offs could slash stock prices, wiping out billions.
- Economic Downturn:With investors pulling out, the risk of a severe recession looms.

Is This Policy a Disaster Waiting to Happen?

Share your thoughts: Will this tax plan wreak havoc on the market and economy, or will investors adapt? 🌪️📉

#EconomicCrisis #StockMarket #DOGSONBINANCE #KamalaHarris #FinancialFuture

As Kamala Harris gets ready to debate Donald Trump tonight, it’s clear that cryptocurrencies won’t be a topic of discussion. Harris’s latest political platform, which focuses on supporting American innovation, AI, and emerging technologies, makes no mention of crypto.

In contrast, Trump has shown significant support for the crypto world, especially for Bitcoin miners. Harris’s campaign has remained silent on the subject, with no indication of any crypto-related plans or policies. Despite some Democratic business leaders urging clearer stances on digital currencies, Harris has not addressed the issue.

As the debate approaches, don’t expect any insights on Harris's views on cryptocurrencies. Stay tuned to see how the discussion unfolds and what it might mean for the future of crypto policy.

#CryptoDebate #KamalaHarris #DonaldTrump #CryptoPolicy #TON
$BTC
$ETH
$BNB

Bitcoin predictions from Bernstein, managing over $700 billion in assets, have sparked interest! Here’s what analysts are saying about 2024:

⚡ If Donald Trump wins: Expect Bitcoin to surge to $80K-$90K as market optimism and deregulation could fuel a crypto rally.

‼️ If Kamala Harris wins: Bitcoin might face a more cautious trajectory, potentially settling between $30K-$40K, with regulatory concerns weighing on investor sentiment.

Will the political landscape shape the next Bitcoin boom? Stay tuned for what’s coming in 2024! 🌍💰

#Bitcoin #KamalaHarris #DonaldTrump #Bernstein #Binance
$BTC
$BNB
$ETH

🔮 Bernstein's Bold Bitcoin Predictions 🔮

With over $700 billion in assets under management, Bernstein analysts are eyeing the U.S. election with Bitcoin in mind! 🚀
⚡ Trump Victory: Could push Bitcoin to a jaw-dropping $80K-$90K!
‼️ Harris Win:May cool the market to $30K-$40K.

How will the race for the White House shape the future of crypto? 🌍💰

#Binance #Bitcoin #KamalaHarris #DonaldTrump #Bernstein #CryptoPredictions #USAElections

🚨 BREAKING NEWS 🚨

🔶 Kamala Harris could be on the verge of firing Gary Gensler in the coming days!

🔶 Reports from Bloomberg suggest her top donors are privately pushing her team to make the move. 👀

What could this mean for the crypto world and the SEC? 🌍⚡ Big changes may be ahead!

#GaryGensler #KamalaHarris #CryptoNews #Binance #BreakingNews