Bitcoin (BTC) could reach US$170,000 with Biden's re-election, says former Trump administration director
Donald Trump has already declared that he will be the “crypto president” if he wins the elections in the United States and returns to the White House. But Joe Biden's reelection could give bitcoin (BTC) an even bigger boost — and that's according to a former ally of the Republican candidate.
Former White House communications director in the Trump administration, Anthony Scaramucci stated that the market's main cryptocurrency could reach US$170,000 in an eventual Biden victory.
At around 3pm this Friday, bitcoin fell 2.03%, quoted at US$63,645. This year, however, the cryptocurrency still accumulates an increase of 50% in dollars.
During an interview with the Unchained program, Scaramucci declared that Biden's administration brings more political stability, being the key to new highs for bitcoin.
