Bernstein: If Trump is re-elected as President, Bitcoin could reach $90,000 by the end of the year
Broker Bernstein stated in a research report on Monday that if Donald Trump wins the U.S. election in November, Bitcoin is expected to reach new highs later this year, possibly reaching $90,000 by the fourth quarter. The report said that if Kamala Harris wins the election, it is expected that the cryptocurrency with the largest market value will break through its current bottom of around $50,000 and may test the range of $30,000-40,000. The broker pointed out that Trump has always been outspoken about making America "the capital of Bitcoin and cryptocurrencies" and mentions digital assets in every policy speech.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized prediction platform OracleX will launch its global public beta on December 1.
Michael Saylor releases Bitcoin Tracker information again, possibly hinting at another BTC purchase
Large token unlocks for SUI, ENA, SANTOS, and others scheduled for next week
November was the second worst month for Bitcoin this year, with spot ETF recording a $3.48 billion outflow.