Bernstein: If Trump is re-elected as President, Bitcoin could reach $90,000 by the end of the year
Broker Bernstein stated in a research report on Monday that if Donald Trump wins the U.S. election in November, Bitcoin is expected to reach new highs later this year, possibly reaching $90,000 by the fourth quarter. The report said that if Kamala Harris wins the election, it is expected that the cryptocurrency with the largest market value will break through its current bottom of around $50,000 and may test the range of $30,000-40,000. The broker pointed out that Trump has always been outspoken about making America "the capital of Bitcoin and cryptocurrencies" and mentions digital assets in every policy speech.
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