As the 2024 US Presidential Election scheduled for November 5th approaches, a fierce battle is underway between Vice President Kamala Harris and former President Donald Trump. National opinion polls show Harris slightly ahead, but the situation is close within the margin of error. This presidential election is expected to have a major impact not only on the competition between candidates, but also on the virtual currency market such as Bitcoin, and through this, it can bring about changes to the global economy.
1. Analysis of the policies and supporters of each major candidate
The factors that capture the attention of American voters are the policies of each candidate and their supporters.
Kamala Harris: Social Equality and Economy of Opportunity
Vice President Harris enjoys strong support from groups such as women, blacks, Hispanics, and college graduates. She has announced a wide range of policies centered on the ‘economy of opportunity’, promising to eliminate income inequality and equal opportunity. This is appealing to voters who want to buy a home or start a business, and it presents a vision to provide new opportunities for Americans from diverse backgrounds to receive economic support.
Donald Trump: Economic Growth and Hard Border Policy
Former President Trump enjoys strong support from male, white, and high school graduates. Trump is securing middle-class and conservative voters with his strengths of economic growth and border security, and is appealing to their support by promising national security and economic recovery.
2. Poll Results: Tight Race Within the Margin of Error
According to a recent ABC/Ipsos poll, Vice President Harris is slightly ahead of former President Trump (47%) with 51% approval rating, and the lead has widened somewhat since the beginning of this month. On the other hand, a CBS/YouGov poll shows Harris at 50% and Trump at 49%, indicating an unpredictable close race. This tight race is likely to change depending on the results of the votes of voters in the battleground states.
3. Correlation between Bitcoin Price and Presidential Election
Cryptocurrency experts predict that the results of the US presidential election will have a significant impact on the price of virtual currencies such as Bitcoin. In particular, Cointelegraph predicted that Bitcoin will be strong if Trump is elected. In 2020, Bitcoin showed a significant upward trend immediately after President Joe Biden was elected, and the results of this presidential election are also likely to increase the volatility of the virtual currency market.
Prospects for the Virtual Currency Market
There are also predictions that Bitcoin could reach $100,000 by the end of this year if Trump is elected. This is an important point for cryptocurrency investors, and they are keeping a close eye on the impact that the 2024 presidential election will have on asset markets such as Bitcoin.
Conclusion: Who will be the winner?
The 2024 US presidential election is a close race between Vice President Harris and former President Trump, making it difficult to predict the outcome. The results of this presidential election, which are complexly intertwined with the policies and supporters of each candidate and the impact of the Bitcoin market, will affect not only the US but also the global economy. Let's watch together to see what the results of this election will be and what changes it will bring to us.