2024 US Election Prediction: Trump Leads Harris, Crypto Assets Become Key Issue

As the 2024 U.S. presidential election approaches, the latest data from market prediction platforms shows that Donald Trump’s support rate has risen to 53%, surpassing major competitor Kamala Harris’s 46%. This change in data has attracted widespread attention, especially in the financial markets and the Crypto Assets community. This article will deeply analyze the key factors leading to the rise in Trump’s support rate, including controversies over economic policies, moderate voter attitudes, political influences in key states, and support from the Crypto Assets industry.

1. Controversy over Economic Policy

The economic policies proposed by Harris have sparked widespread controversy, particularly regarding price control and housing policy.

1. Price Control Policy

Harris proposed limiting companies' pricing power on essentials through legislation to control inflation and protect consumer interests. However, many economists and policy experts question the feasibility of this policy, arguing that it could lead to market distortions, supply chain issues, and product shortages. This concern has weakened Harris's support among centrist voters, particularly those concerned with economic stability and market freedom.

2. Housing Policy

Harris plans to build large-scale affordable housing for the middle class to address the housing shortage. However, the high execution costs and economic feasibility of this policy have been questioned. The ambiguity surrounding funding sources and policy implementation details has raised concerns among voters, affecting Harris's policy credibility.

3. Middle Class Policy

Harris emphasized improving the economic security of the middle class by increasing the child tax credit and controlling healthcare costs. However, the long-term sustainability of these policies and the issue of funding sources remain unresolved, undermining their actual appeal to the middle class.

2. Attitudes of Moderate Voters

Centrist voters play a key role in U.S. elections. As Harris's economic policies spark controversy, her support among centrist voters begins to decline. In contrast, Trump's clear positions on tax cuts, economic stimulus, and other issues align more closely with centrist voters' expectations for economic development. Trump's support for the free market, along with the economic measures he implemented during his presidency, such as tax reduction policies and deregulation, have garnered recognition from some centrist voters.

Three, Political Impact of Key States

The absence of the Pennsylvania governor at the Democratic meeting has negatively impacted Harris's campaign. As a key swing state, the attitudes of Pennsylvania voters are crucial to the outcome of the national election. The governor's absence could be interpreted as dissatisfaction within the party towards Harris, weakening her support in the state. This not only affects Harris's campaign in Pennsylvania but also indirectly impacts her performance in other swing states.

4. Support for the Crypto Assets Industry

Trump's support for the Crypto Assets industry is an important factor in his rising election rates. He became one of the first major candidates to openly accept donations in Crypto Assets, demonstrating an open attitude towards Crypto Assets and establishing closer ties with the crypto community.

Trump also made a series of policy commitments, including considering a pardon for the founder of a well-known Crypto Assets trading platform and promoting the inclusion of Bitcoin in the United States' strategic reserves. These initiatives received a warm response within the Crypto Assets community and garnered a large number of supporters.

5. Crypto Assets Company Election Expenditures

In the 2024 election cycle, nearly half of corporate political donations came from crypto companies. These companies influence election outcomes by supporting candidates whose interests align with their own. The crypto industry's support for Trump is not only reflected in rhetoric but has also materially affected the election through financial aid.

Conclusion

The rise in Trump's approval ratings is the result of multiple factors working together. Controversies surrounding Harris's economic policies, concerns about divisions within the party, and Trump's supportive stance towards the Crypto Assets industry are all key factors influencing the election situation. In the coming months, both candidates will face significant challenges and will need to continuously adjust their strategies to gain more voter support.

Regardless of the final outcome, this election will have a profound impact on the Crypto Assets market in the United States and globally. Investors and market participants should closely monitor the policy trends of the two candidates to formulate future investment strategies.