# Crypto Will Win No Matter What

*Author: Bankless*
*Published: Nov 5, 2024*
*Source: https://www.bankless.com/es/crypto-will-win-no-matter-what*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/11/Group-651-1-2.png)](https://www.bankless.com/sponsor/kraken-1682978636?ref=crypto-wins&email=true)

  
Crypto Will Win No Matter What
    
  

  
  Published on Nov 5, 2024

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  View in Browser

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
Polymarket's Big Day
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/11/Group-14---2024-11-05T180603.500.png)](https://www.bankless.com/dashboard)- 📈** Polymarket Hits New Records on Election Day.** Polymarket is seeing [historic activity levels](https://www.bankless.com/polymarket-election-records) with Election Day finally here in America.
- **📲 Kalshi & Polymarket Gain Traction in Apple’s App Store. **Top prediction market betting apps are [hitting new heights](https://www.bankless.com/kalshi-polymarket-gain-traction-in-apples-app-store) on the App Store.
- 🐶** DOGE Pumps as Traders Bet on Elon Musk's Trump Proximity. **Is there [a place for Dogecoin](https://www.bankless.com/doge-pumps-as-traders-bet-on-elon-musks-trump-proximity) in a Trump administration?

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    MARKET VIBES

  
  
All Eyes on Bitcoin
  
   
     
   
     
    
 

**📸 Daily Market Snapshot: **Polls are starting to close. By this time tomorrow, we very well may know who the next U.S. President is, and the numbers we chart below could look very different depending on the race's outcome. With BTC briefly popping above $70K today, all eyes are on BTC's performance...

Prices as of 6pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.27T
       

  
    
    ↗ 3.1%
    
  

   
    
    ↘ 6.9%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $69,754
       

  
    
    ↗ 3.0%
    
  

   
    
    ↘ 4.0%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $2,437
       

  
    
    ↗ 1.6%
    
  

   
    
    ↘ 7.5%
  

 

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🟠**New Token Rating: **U.S. presidential elections are in the spotlight. Why might a Trump win commence a multi-week period of bullish BTC bliss?[Unlock BTC on Token Hub](https://www.bankless.com/tools/token-hub/sui)

.  .  .

 
  
    

OPINION

  
  
    
Crypto Will Win No Matter What
  
  
   
     
     Bankless Author: 
     
       [
       
        David C.](https://www.bankless.com/author/david)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/11/image---2024-11-05T181035.229.png)](https://www.bankless.com/crypto-wins)As you stand in line to vote today, know that while this election has been the cause of unprecedented market anxiety, ultimately, the election outcome doesn’t determine crypto’s continued success.

There are more powerful forces at work which have much more influence on our dear industry. The state of Bitcoin, anticipated rate cuts from the Federal Reserve, China’s economic stimulus, and the U.S. fiscal deficit will impact crypto far more significantly than any election outcome. 

While waiting for the election’s results, take stock of why these factors will matter more for crypto’s trajectory than the next president.* *👇

[Read More on Bankless.com](https://www.bankless.com/crypto-wins)
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