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News Explorer — Bitcoin Could Soar to $90,000 If Trump Wins Election, Says Bernstein

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Sep 9, 12:16 pm
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Bitcoin Could Soar to $90,000 If Trump Wins Election, Says Bernstein

Analysts at Bernstein have predicted that if Vice-President Kamala Harris wins the U.S. presidential election, Bitcoin could test the $30,000-$40,000 range, contrasting their bullish outlook for a Donald Trump win. The report suggests that a Harris victory could lead to a continuation of the challenging regulatory environment that has plagued the crypto sector. In contrast, a Trump win could potentially propel Bitcoin to new heights, with Bernstein projecting prices in the "$80K-90K range" by the fourth quarter under such a scenario.

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