Matrixport released a chart saying that while everyone is concerned about the impact of the next US president on bitcoin, in reality, the impact may be more reflected in the regulation of the bitcoin ecosystem than in bitcoin itself. Cryptocurrences have experienced strong gains under both Republican (2016-2020) and Democratic (2020-2024) administrations. Therefore, despite the media buzz about the upcoming election, bitcoin is likely to remain positive regardless of who takes the White House.