<ul><li>Crypto traders prepare for potential turbulence as the U.S. presidential election sparks tension across stocks, bonds, and the crypto market.</li><li>Bitcoin remains a focal point as it is viewed as a 'Trump trade', but a Harris victory could swiftly reverse these trends.</li><li>Traders may be underestimating post-election risks, as the absence of a volatility premium implies a smooth outcome is expected, potentially overlooking delays or contested results.</li><li>Results of congressional contests are equally critical, as a Republican takeover could put pressure on risk assets and a divided Congress could lead to a more stable environment.</li></ul>

Crypto Market on Edge as U.S. Presidential Election Day Arrives

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