According to Polymarket's predictions, #Trump is currently leading with a 61% chance of winning, while Harris follows at 39%. The potential outcomes present two entirely different scenarios for the cryptocurrency market.
Trump's victory could significantly boost Bitcoin's price surge, as Bernstein analysts predict the potential price to be between $80,000 - $90,000 within two months.
On the contrary, Harris's victory could lead to tighter regulatory scrutiny, potentially pushing Bitcoin down to the $50,000 mark - a significant drop from the current level. However, long-term Bitcoin believers remain optimistic, citing the increasing adoption by institutions and the success of Bitcoin ETFs.
Currently, the currency $BTC is trading at $68,827, showing relative stability despite the unstable election situation. What do you think about the potential impact of the election on the cryptocurrency market?
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