This column was co-written by Frank Chaparro, director of special projects at The Block, and Laura Vidiella of MNNC Group.

Since President Joe Biden’s poor debate performance at the end of last month raised concerns about his age and cognitive ability, the Democratic party has been in a panic. Meanwhile, former President Donald Trump has seen his odds of winning the presidency surge across betting markets.

Given Trump's alignment with the technology, you’d think this would be good news for crypto markets. In his official platform released Monday, he stated he would halt the so-called crypto "crackdown."

Here’s the relevant passage from the platform:

"Republicans will end Democrats’ unlawful and unAmerican Crypto crackdown and oppose …