Donald Trump’s rise in the polls in the 2024 US presidential elections brings to the fore the impact of a possible victory on crypto markets. Trump, Bitcoin 
$66,484Although experts support Ethereum in case of Trump presidency 
$2,578 He notes that altcoins like and Solana could be the real winners.
Altcoins Come to the Fore
In his last program, economist Alex Kruger, founder of Asgard consultancy firm, said, “In the event of Trump’s presidency, the main investment will flow to altcoins.” Kruger stated that Ethereum and Solana could outperform Bitcoin if Trump wins.
“Bitcoin maximalists may lament this.” – Kruger
It is stated that Bitcoin has made significant progress in regulation, while platforms such as Ethereum and Solana still need to make progress. It is thought that in a more favorable regulatory environment, Ethereum staking operations could be included in spot ETFs, while Solana could receive its own spot ETF approval. This means that hundreds of decentralized finance (DeFi) projects operating on both networks could receive support in terms of security, liquidity and growth.
ETFs and Their Impact on the Crypto Market
Jeff Park, Bitwise’s head of Alpha Strategies, stated that a Trump win could lead to extreme volatility in Bitcoin prices.
“There is a possibility that Bitcoin will drop to $92,000 if Trump wins, and $37,000 if he loses,” -Park
So where did he get these figures? Saying that these figures are estimated based on existing data and have no scientific basis, he does not base his prediction on any basis.
“Bitcoin ETF options have a big impact. “These products offer broader participation opportunities through tools such as leveraged investing, equity lending and cross-asset collateralization.” -Park
Joe McCann, founder of crypto investment firm Asymmetric, noted the potential for banks to benefit from Bitcoin ETF options.
“Banks can generate a lot of revenue from these types of products.” – McCann.
ETF expert James Seyffart of Bloomberg predicted that these options could launch in the first quarter of 2025. Seyffart stated that regulatory issues, especially position limits, delayed approval, but progress was being made behind the scenes.
These developments in crypto markets create different opportunities and risks for investors. While the potential of altcoins like Ethereum and Solana may increase due to Trump’s presidency, fluctuations in Bitcoin’s price could have a wide impact.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
