Cryptocurrency analyst Thomas recently made a bold prediction regarding the price of Bitcoin in 2030. He suggested that regardless of whether Donald Trump or Kamala Harris wins the US presidential elections, Bitcoin will reach $1 million. This prediction has sparked a discussion within the crypto community, with experts like Bernstein analysts also weighing in on how the election outcome could impact Bitcoin’s trajectory.
With Donald Trump positioning himself as the ‘Crypto President’ to appeal to crypto voters, many believe that his re-election could lead to a bullish trend for Bitcoin. Bernstein analysts forecasted a potential rise to $90,000 in the fourth quarter of this year if Trump wins. Additionally, Geoffrey Kendrick of Standard Chartered predicted that Bitcoin could surge to $100,000 before the elections and reach $150,000 by the end of the year under a Trump presidency.
On the other hand, Kamala Harris’s lack of clarity on her stance towards cryptocurrencies has left the crypto community uncertain about Bitcoin’s future under her potential presidency. While her official policy statement did not directly address crypto or Bitcoin, her affiliation with an administration that has taken a stricter approach towards regulating crypto raises concerns among enthusiasts.
The upcoming US presidential debate between Trump and Harris holds significance for the crypto industry. If both candidates discuss their plans and policies related to cryptocurrencies, it could have a substantial impact on Bitcoin and the overall crypto market. The absence of a discussion on crypto during the previous debate between Trump and Joe Biden highlights the evolving nature of the election campaign and the increasing relevance of crypto stakeholders.
As the election approaches, the crypto community eagerly anticipates how the outcome will shape Bitcoin’s future trajectory. While experts like Thomas remain optimistic about Bitcoin reaching $1 million by 2030 regardless of the election result, the political landscape and policies introduced by the winning candidate could significantly influence the cryptocurrency market. Stay tuned for further developments as the US presidential elections draw near.