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Home»Bitcoin»Analyst reveals what happens if Donald Trump or Kamala Harris wins
Bitcoin

Analyst reveals what happens if Donald Trump or Kamala Harris wins

2024-09-11No Comments3 Mins Read
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This article is available in Spanish.

Crypto analyst Thomas has given his Bitcoin price prediction for 2030 based on whether Donald Trump or Kamala Harris wins the US presidential election. Crypto has become a major talking point ahead of the elections, and experts are liking it Bernstein Analysts have also suggested that the winner of the polls will determine Bitcoin’s future trajectory.

What the Bitcoin price will be in 2030 if Trump or Harris wins

Thomas mentioned in an X (formerly Twitter) after that Bitcoin will reach $1 million by 2030, whether Donald Trump or Kamala Harris wins. The analyst suggested that the outcome of the US presidential election in November wouldn’t stop the flagship crypto from reaching its full potential.

Related reading

Crypto commentators have continued to make Bitcoin price predictions based on the upcoming elections. This is understandable, especially now that Trump is presenting himself as the ‘Crypto Chairman‘ to win over crypto voters. Based on his pro-crypto stance, Bernstein analysts say recently predicted that Bitcoin could rise to $90,000 in the fourth quarter of this year if Trump emerges victorious.

In June, Geoffrey Kendrick, head of forex and digital assets research at Standard Chartered, said: predicted that Bitcoin would rise to $100,000 before the election and that the flagship crypto could reach $150,000 by the end of the year if Trump becomes the next US president. On the other hand, not much has been said about Bitcoin’s future trajectory if Harris wins the election, as the current US Vice President is still tight-lipped about her crypto stance.

See also  Gemini Co-Founder Cameron Winklevoss Issues Election Warning, Says Harris' Win Will Cost Crypto 'Billions'

Harris recently released her official policy statement, which does not specifically mention crypto or Bitcoin. This has left the crypto community wondering where it stands on cryptocurrencies. The Vice President’s silence on Bitcoin is more concerning considering she is part of the current administration, which has continued to suppress crypto companies, mainly through the US Securities and Exchange Commission (SEC).

Crypto community awaits debate between Trump and Harris

The crypto community is waiting for the American presidential debate between Trump and Harris. If both candidates discuss their plans for the crypto industry or the crypto-related policies they plan to implement if elected, this could be an important moment for Bitcoin and the broader crypto market.

Related reading

It is worth noting that crypto was not discussed during the first US presidential debate between Trump and President Joe Biden in June, when the latter was still the presidential candidate for the Democratic party. However, this time will likely be different as crypto stakeholders have since become increasingly involved in the election campaign. Ripple co-founder Chris Larsen was one of eighty-eight business leaders who recently signed a letter supporting Harris ahead of the debate.

At the time of writing, Bitcoin is trading around $56,800, up more than 2% in the past 24 hours. facts from CoinMarketCap.

Bitcoin price chart from Tradingview.com
BTC takes a hit from bears | Source: BTCUSD on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com

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Analyst Donald Harris Kamala reveals Trump Wins
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