As the US elections approach, expectations for volatility in cryptocurrencies are increasing.

The uncertainty of the results of the upcoming presidential elections in the United States is presenting analyses that it could trigger volatility in the cryptocurrency markets. David Lawant, the head of research at FalconX, states that if the election results are closely contested, fluctuations in the markets could increase. This situation could mean new records for prominent cryptocurrencies like Bitcoin and Solana.

EXPERTS POINT TO THE $80,000 LEVEL

In the cryptocurrency markets, a new period of activity is expected with the approach of the presidential elections in the United States. In a report recently published by David Lawant, the research director at FalconX, it was emphasized that if the election results are very close, the process of announcing the results could be prolonged, leading to fluctuations in the markets.

For the cryptocurrency markets, which have not found a clear direction since April, the completion of the elections is seen as an important turning point. During this period, Bitcoin traded within a wide price range of $53,991 to $73,149. Lawant predicted that after a six-month period of uncertainty, the markets would achieve a more stable structure with the elections.

IF TRUMP WINS, INVESTOR PSYCHOLOGY WILL BE POSITIVELY AFFECTED

Among market experts, evaluations regarding the potential effects of Donald Trump's possible victory are prominent. Pav Hundal, the chief analyst at Swyftx, stated that if Trump wins, investor psychology could be positively affected. Trump's concrete promises to the sector are seen as an advantage by some investors in terms of the markets.

Data from the cryptocurrency exchange Deribit shows that options investors are optimistic for the post-election period. Open interest in Bitcoin options contracts expiring at the end of November is concentrated at the $80,000 level.

Lawant expressed that Solana also carries significant potential alongside Bitcoin. He noted that Bitcoin could achieve significant gains from ETF transactions, emphasizing that Solana's strong infrastructure makes this cryptocurrency a profitable investment alternative.

Dan Tapiero, the founder of 10T Holdings, argued that the impact of the elections on the markets would be limited, suggesting that Bitcoin could reach the $100,000 level regardless of who sits in the presidential chair. Tapiero stated, "Elections are temporary; the market will always rise." On the other hand, Lawant pointed out that Ethereum has not found enough space in the current discussions.