The crypto market might be in for a bullish fourth quarter, especially if President Donald Trump wins re-election. According to a report by crypto lending firm New York Digital Investment Group (NYDIG), Bitcoin has historically shown positive price action in Q4. This year, NYDIG is even more bullish given the U.S. elections. While both candidates, Kamala Harris and President Donald Trump, have been friendlier to crypto than the Biden administration, NYDIG believes that Trump will most likely provide broader support for the crypto industry. "We believe that a Trump victory would be a positive catalyst for the crypto market," the report states. "Trump has been more vocal in his support of cryptocurrencies than Biden, and we expect him to continue to take a positive stance towards the industry if he is re-elected." Of course, there are no guarantees in the crypto market. However, NYDIG's report suggests that there is reason to be optimistic about Bitcoin's price in the coming months.

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