Analysts at Bitfinex noted that the cryptocurrency market exhibited a clear risk-off sentiment during this tense debate. The analysts emphasized that although Trump's election is generally seen as favorable for risk assets, including cryptocurrencies, recent reports about his involvement in DeFi projects and his campaign promise to remove Gary Gensler from his position as SEC chairman have significantly increased market expectations of how Trump might impact cryptocurrencies during his term. This led to an increase in risk-off trading behavior in the cryptocurrency market following the debate, with investors adjusting their investment strategies to mitigate potential risks.