According to Felix Hartmann, founder of Hartmann Capital and crypto content creator, Bitcoin could surge to new highs if Donald Trump's chances of winning the upcoming US presidential election become "overwhelming." Hartmann believes that a Trump victory or the departure of SEC Chair Gary Gensler would be a huge boon for the crypto industry, as it would reduce the threat of increased regulation.

Hartmann claims that "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." He suggests that a Trump win would signal that the crypto industry "might not [have] to be sued to death" and could become "more self-sustaining."

However, Hartmann warns that a victory for Vice President Kamala Harris would spell disaster for the crypto sector, predicting "the longest winter we've ever seen" with less venture capital investment and market makers exiting the space.

Hartmann, now 29, founded his own hedge fund Hartmann Capital in 2018 at the age of 23 after a multi-billionaire promised him millions to trade crypto, though the deal ultimately fell through.

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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