Alliance founder: No matter who wins the US election, money will continue to be printed, and it may be difficult to see major crypto innovations in t

Bitget App

Trade smarter

Cointime2024/10/10 04:27

By:Cointime

Incubator Alliance, Qiao Wang, shared his views on how the US election results will affect the cryptocurrency market over the next 4 years during an X event:Bitcoin: The two candidates have little difference in monetary policy and are expected to continue printing money on a large scale.Altcoins: Trump may be more supportive of cryptocurrency innovation than Harris, which could drive up the altcoin market.Cryptocurrency startups: The US government's hostility towards the cryptocurrency industry over the past two years has suppressed innovation. If this attitude continues for four years, the US may struggle to see significant cryptocurrency innovation.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14