Crypto has emerged as a key campaign issue in the 2024 presidential election, with former President Donald Trump seen as a potential catalyst for industry growth due to his pro-crypto promises. Traders suggest a Trump win could elevate Bitcoin to $100,000 and boost altcoins, fueled by prediction markets indicating a 60% probability of his victory. While optimistic voices like Bitcoin millionaire Erik Finman believe Trump's policies will create a pro-crypto environment, skepticism remains, notably from Mark Cuban, who warns of inflationary impacts from Trump's economic policies. Trump's intentions include firing SEC Chair Gary Gensler and appointing a more crypto-friendly successor, which could enhance Bitcoin adoption and benefit awaiting altcoin ETFs. However, the potential inflation from Trump's tariffs raises concerns. Although Trump previously dismissed crypto, his new pro-crypto stance may be seen as opportunistic yet beneficial for attracting investments and clarifying regulations in the crypto space.

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