#BreakingCryptoNews Bitcoin Could Hit $90K If Donald Trump Becomes President, Plunge To $30K If Itâs Kamala Harris, Bernstein Says
Bitcoin could soar to $90,000 if Republican candidate Donald Trump becomes US president after Novemberâs elections, but slump to $30,000 if Democrat Kamala Harris is triumphant, brokerage Bernstein said.
A Trump win would benefit the cryptocurrency market via a more favorable regulatory environment that could eliminate risk barriers for financial institutions, said analysts led by Gautam Chhugani in a Sept. 9 research note.
That would allow digital assets to compete more effectively with traditional assets for financial flows, and promote increased innovation, they said.
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