Chris Burniske, a partner at Placeholder, wrote on X: "Regardless of the timeframe, BTC, ETH, SOL look strong and will soon rise again." In addition, it also added that, like previous movements, the Meme coin over the past few weeks has also become a good indicator of increased risk appetite.
Matt Hougan, chief investment officer at Bitwise, said, "The regulatory environments for Bitcoin are improving, whether it's a Trump or Harris win. This is positive news for Bitcoin, especially for other cryptocurrencies. Of course, in the short term, the crypto market is leaning more towards a Trump win than a Harris win, but in reality, institutions are entering the space, adoption is on the rise, and ETF inflows are underway...