In an interview with the YouTube channel Unchained Podcast, prominent economist Alex Krüger explained that the outcome of the US presidential election in November could have a significant impact on the cryptocurrency market. He believes that altcoins will do better if Donald Trump wins, while Bitcoin (BTC) will likely do better if Kamala Harris wins. Krueger also highlighted the attractive valuation growth of some decentralized finance (DeFi) projects and predicted that the sector would grow under Trump’s presidency. He noted that election night will be a significant opportunity for traders and recommended that traders stay awake that night so that they can adjust their buy and sell positions based on the preliminary results.
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