Shunyet Jan, Head of Institutional Business and Head of Derivatives at Bybit, said that the outcome of the US presidential election could have a significant impact on the cryptocurrency industry, especially in terms of market regulation and macroeconomic policies. The current election trend shows that Trump is likely to win, which may lead to higher support for cryptocurrencies in the US market and make relevant regulations clearer. In addition, this may also bring about changes in regulatory personnel, allowing more people who are optimistic about the future development potential of the cryptocurrency market to join.
Many institutions are closely watching these developments, as clearer regulation will have a positive impact on market stability and liquidity. At Bybit, we are actively monitoring these changes to better help our clients respond to any latest developments and seize opportunities in the ever-changing market.