The looming U.S. election, only two weeks away, didn’t appear to offer any assistance either. Even with crypto-friendly Donald Trump in the lead (based on betting markets), and Vice President Kamala Harris appearing less adversarial towards crypto than the current administration, markets will have difficulty “breaking upwards before election day,” Joe Edwards, head of research at digital assets broker Enigma Securities, wrote in a research report.

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Author: Tom Carreras