This week, news broke that the U.S. election received over $190 million in crypto donations, highlighting the growing role of digital assets in politics. Over the past week, Bitcoin (BTC) rose 4.29%, driven by institutional interest and significant investments. Ethereum (ETH) fell 2.61% amid market corrections, while Litecoin (LTC) surged 10.02% due to renewed interest in established altcoins. Solana (SOL) gained 6.48%, supported by its expanding ecosystem. Meanwhile, Bitcoin Cash (BCH) dropped 15.86% due to selling pressure, and Uniswap (UNI) fell 9.84% as focus shifted away from DeFi. XRP dipped 2.12%, reflecting some hesitation in the market regarding Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). With the US election approaching, questions arise about how political outcomes could shape the regulatory environment and impact the broader crypto market. How will the election results influence the future of cryptocurrency?
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