A Democratic win in the 2024 presidential election may have significant repercussions for the cryptocurrency market, contrasting with the Republican Party’s pro-crypto stance, led by Donald Trump. While a Trump victory could propel Bitcoin’s value towards $100,000-$150,000, a Democratic administration could maintain the regulatory status quo, lacking new incentives for crypto investment and growth. This uncertainty could dampen investor enthusiasm, particularly for altcoins, as the SEC continues to oversee the industry. However, the Democratic Party is showing signs of engagement with the crypto sector, as seen in discussions about potential regulatory changes, such as the Financial Innovation Technology for 21 Century Act. Overall, a Democratic victory might result in a more stable yet less dynamic market.