{"id":137027,"date":"2024-09-10T12:00:58","date_gmt":"2024-09-10T09:00:58","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137027"},"modified":"2024-09-09T20:09:31","modified_gmt":"2024-09-09T17:09:31","slug":"bitcoins-future-could-depend-on-u-s-presidential-election-outcome-analysts-say","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoins-future-could-depend-on-u-s-presidential-election-outcome-analysts-say\/","title":{"rendered":"Bitcoin&#8217;s Future Could Depend on U.S. Presidential Election Outcome, Analysts Say"},"content":{"rendered":"<p>They suggest that if Donald Trump wins, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong> might surge to between $80,000 and $90,000 by the end of the year. Conversely, if Kamala Harris prevails, they foresee Bitcoin dropping below $50,000 and potentially revisiting the $30,000 to $40,000 range.<\/p>\n<p>The analysts, Gautam Chhugani, Mahika Sapra, and Sanskar Chindalia, argue that the crypto industry has received more support from Trump\u2019s camp compared to Harris\u2019s.<\/p>\n<p>While Trump has openly advocated for making the U.S. a leader in Bitcoin and crypto, Harris has not addressed the issue in her public statements.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-could-dip-below-50000-analyst-predicts-further-decline\/\" title=\"Bitcoin Could Dip Below $50,000: Analyst Predicts Further Decline\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/bitcoin-in-the-red-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin Could Dip Below $50,000: Analyst Predicts Further Decline<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Recent regulatory actions against major crypto firms have strained the industry, though Bitcoin has managed to rise 112% in the past year despite these challenges. A supportive regulatory environment could enhance institutional interest in digital assets and drive innovation.<\/p>\n<p>Current betting odds show Trump leading Harris, though national polling remains uncertain. Bernstein\u2019s analysts suggest that those invested in crypto may be betting on a Trump victory.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Analysts at Bernstein Research view Bitcoin as closely tied to the outcome of the upcoming U.S. presidential election, dubbing it a \u201cTrump trade.\u201d<\/p>\n","protected":false},"author":3,"featured_media":34172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-137027","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin&#039;s Future Could Depend on U.S. Presidential Election Outcome, Analysts Say<\/title>\n<meta name=\"description\" content=\"Analysts at 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