HTX Research says U.S. midterms may sway policy, not crypto prices

U.S. midterm elections could alter the policy environment, but cryptocurrency prices themselves are likely to follow broader macroeconomic factors, according to an HTX Research analysis.

HTX Research said volatility, pullbacks and wider price dispersion among individual cryptocurrencies are more likely before and after the election than a rally driven by a specific political narrative. The research firm added that while the election outcome could change the pace of crypto-related regulation and legislation, markets should watch liquidity indicators from around the election period through the first half of next year.

Source: Coinness