According to #Polymarket predictions, #Trump currently leads with a 61% chance of victory, while #Harris trails at 39%. The potential outcomes present two distinctly different scenarios for crypto markets.
A Trump victory could catalyze a significant Bitcoin rally, with Bernstein analysts projecting potential prices between $80,000-$90,000 within two months. This optimism stems from Trump's crypto-friendly stance and his pledge to reform regulatory approaches, including his intention to replace the current SEC leadership.
Conversely, a Harris win might introduce more regulatory scrutiny, potentially pushing Bitcoin towards the $50,000 mark - a substantial decrease from current levels. However, long-term Bitcoin believers remain optimistic, citing growing institutional adoption and the success of Bitcoin ETFs.
Currently, $BTC is trading at $68,827, showing relative stability despite the electoral uncertainty.
What are your thoughts on the election's potential impact on crypto markets? Which scenario do you think is more likely to unfold? #US_election
