BlockBeats news, September 9, brokerage Bernstein said in a research report on Monday that if Trump wins the US election in November, Bitcoin is expected to hit a new high later this year, and the price may reach $90,000 by the fourth quarter.
If Harris wins the election, Bitcoin is expected to fall below the bottom of around $50,000 and may test the $30,000-40,000 range. The broker said that Trump has been outspoken about making the United States the “Bitcoin and cryptocurrency capital of the world” and mentioned digital assets in every policy speech.
Trump spoke at the Bitcoin Nashville conference in July, calling on the United States to become a Bitcoin mining powerhouse, appoint a cryptocurrency-friendly chairman of the Securities and Exchange Commission (SEC), and establish a national strategic Bitcoin reserve and a presidential cryptocurrency advisory committee.
