PANews reported on December 20 that Spartan Group published an analysis that in the 2024 US presidential election, Trump not only won the election with an overwhelming advantage, but the Republican Party also controlled the Senate and the House of Representatives. This victory provides a huge lever to promote policy changes, and it is expected that the next 12 months will be very beneficial to the crypto industry.
The article points out that what is different about this election is the importance of the crypto agenda. Trump and his core advisers are crypto-friendly, and crypto companies have provided a lot of support in the election. In addition, Trump has expressed his hope that the United States will become a global crypto hub. Currently, the United States is a leader in crypto infrastructure, mining, and trading, but the new government's policies may further consolidate this position.
Historical data shows that the 12 months after the US election is usually a strong performance period for crypto assets. The policy clarity brought by the election results and the combined effect of the BTC halving cycle may drive market sentiment to risk appetite, especially for small and medium-sized tokens. Spartan Group believes that as the "altcoin season" approaches, the crypto market will have more room for growth in the coming year.
