The 2024 US elections are underway with a heightened focus on cryptocurrency as a political issue. As voting begins, prediction markets show Donald Trump with a lead over Kamala Harris, although payouts on platforms like Polymarket will depend on a consensus among major news outlets. Bitcoin’s price saw volatility, hitting nearly $70,300, amid speculation about potential election outcomes impacting its trajectory. The FBI has issued warnings against fake videos misinforming voters, while the first votes came from Dixville Notch, with a tie between Trump and Harris. Analysts suggest that either candidate's victory could lead to increased price volatility for Bitcoin. Trump has shifted to a pro-crypto stance, advocating for the US to become the 'crypto capital of the planet'. In contrast, Harris is promoting a consistent regulatory environment for digital assets. As election night progresses, delays in results are expected due to tight races in key battleground states, echoing the experience of the 2020 election. The outcomes this year could set significant regulatory and market precedents for cryptocurrencies.

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