Analysis on Potential Trump Victory and Rising Global Liquidity Impact on Crypto Markets

Macroeconomist Lyn Alden recently shared insights on how the 2024 US presidential election outcome, particularly a potential victory for Donald Trump, could influence Bitcoin and the broader cryptocurrency industry.

• A Trump win may lead to the extension of corporate tax cuts, which could benefit the crypto markets.
• Market indicators suggest that a Trump victory could increase the likelihood of maintaining or making the tax cuts permanent.
• Global liquidity is a critical factor impacting crypto markets, with gradual recovery observed in recent months.
• Projections by the New York Fed indicate a possible resumption of Federal Reserve balance sheet growth by 2025.

This growth or stabilization of the balance sheet could have a positive impact on Bitcoin’s price, potentially driving it higher in the coming years.

Lyn Alden anticipates a breakout in the market either later this year or by 2025, emphasizing the importance of global liquidity and government policy on crypto market performance.

For a more in-depth analysis by Lyn Alden, check out the latest interview on our YouTube channel and subscribe for updates.