Crypto analysts suggest a Trump victory could give the crypto market a “dopamine hit,” but with considerable volatility already priced in, traders should remain cautious.
Many crypto industry pundits have predicted that a Donald Trump victory in the United States election on Nov. 5 could trigger a major crypto market rally.
However, some analysts have warned that crypto investors should remain cautious in the days and weeks surrounding election day, as other factors may be at play.
“A Trump victory would likely provide a dopamine hit,” Swyftx lead analyst Pav Hundal told Cointelegraph but warned that markets would be more volatile in the days surrounding the election.
