According to Felix Hartmann, the founder of Hartmann Capital and a crypto content creator, Bitcoin is poised to "start ripping" if Donald Trump's chances of winning the election become "overwhelming."

Hartmann believes that if Trump wins or if SEC Chair Gary Gensler steps down or gets fired, the crypto industry could see a major rally, as it would signal less regulatory scrutiny. "The moment the odds of Trump winning the election become overwhelming, which can happen at different times … I would expect the crypto market to rip," Hartmann tells Hall of Flame.

However, Hartmann warns that a Kamala Harris victory would be disastrous for the crypto industry, leading to the "longest winter we've ever seen." He claims that "there will be less venture capital into new projects, market makers have already been quitting."

Hartmann, now 29, started his own hedge fund Hartmann Capital in 2018 at the age of 23 after a multi-billionaire promised him millions to trade crypto. But the deal never went through, and he ended up consulting for an investment bank instead.

Source: https://cointelegraph.com/magazine/bitcoin-price-all-time-highs-donald-trump-election-sec-gary-gensler-felix-hartmann-hall-of-flame/

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