A Donald Trump victory in the 2024 election could lead to a significant rise in the price of Bitcoin, according to several experts. Standard Chartered has predicted that Bitcoin could reach $125,000 if Trump wins, due to his potential policies to support cryptocurrencies. On the other hand, experts at Bitwise believe that Bitcoin could reach around $92,000 due to regulatory changes that Trump may make, such as the possibility of appointing a new chairman of the US Securities and Exchange Commission who supports cryptocurrencies.
*Many analysts believe that Trump's proposed policies, such as tax cuts and easing restrictions on cryptocurrencies, could drive Bitcoin and other cryptocurrencies to grow, but others believe that his economic plans, such as imposing high import duties, could cause inflation that would negatively impact the crypto market in the long run.
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