Bitcoin and Crypto, Promoted by Trump, Brace for Election Volatility

Published On Nov 5, 2024, 6:34 AM

Crypto investors are closely watching the U.S. presidential election, as many believe a victory for Donald Trump could significantly boost Bitcoin prices. Currently, Bitcoin trades around $68,000 after a recent drop. Analysts predict that if Trump wins, Bitcoin might soar to between $80,000 and $90,000. Conversely, if Kamala Harris wins, the cryptocurrency could plunge to $50,000. The election is considered a pivotal moment for the cryptocurrency market, potentially affecting regulatory attitudes in the U.S.