The Turning Point of Bitcoin Market Indicated by U.S. Cryptocurrency Policy

According to the latest analysis from ChainCatcher, Bitcoin is outperforming traditional assets such as stocks and gold, which have long been the main investment targets, in the cryptocurrency market. This trend is driven by the increasing expectation that U.S. regulators will adopt a more flexible stance toward the crypto industry after the upcoming presidential election.

Bitcoin Achieves Performance That Surpasses Traditional Assets

Historically, Bitcoin recorded a 4% increase in October, outperforming global stock indices and gold prices for the same month. As of February 2026, Bitcoin has faced a 28.83% decline over a 30-day period, reflecting the market volatility typical during major political shifts, including election cycles. The growing correlation between the cryptocurrency market and traditional asset classes suggests that policy decisions in major countries like the United States significantly influence market movements.

Political Elections as a Driving Force in the U.S. Crypto Market

The outcome of the U.S. presidential election is emerging as a key variable shaping the entire crypto market. Industry analyst Noel Acheson, in the newsletter “Crypto Is Macro Now,” points out that the current upward trend is primarily driven by the U.S. election. According to him, initial buying pressure was fueled by Trump’s apparent lead in prediction markets and opinion polls, while subsequent supportive statements from the campaign team of Vice President Harris have sustained the upward momentum.

Regulatory Shift to Shape the Future of the Cryptocurrency Market

While the Biden administration has historically adopted a relatively regulatory stance toward U.S. cryptocurrency policy, there are indications that this approach may change with the transition to a new administration. Acheson notes that, although he does not have detailed information on Harris’s specific crypto policies, they do not seem as negative as those of the Biden administration. As political uncertainty in the U.S. diminishes, market participants’ optimism for regulatory improvements is being stimulated.

Many market watchers believe that the outcome of the upcoming presidential election will be a pivotal moment in determining the regulatory framework for cryptocurrencies in the U.S., and that the overall sentiment in the crypto industry could shift significantly depending on the results.