Bernstein Predicts Trump Re-election Could Send Bitcoin to $90,000
Publication Time:2024-09-09 17:01:07
Financial broker Bernstein in its latest research report posits that should incumbent US President Donald Trump win re-election in the upcoming November US election, the Bitcoin market may witness a fresh surge in growth. The firm predicts that under a second Trump presidency, Bitcoin prices could reach a historical peak of $90,000 by the fourth quarter. By comparison, if Democratic candidate Kamala Harris emerges victorious, Bernstein anticipates that Bitcoin would begin its recovery from its current price level of approximately $50,000 and potentially probe the $30,000-$40,000 band. It is worth noting that Trump has consistently championed the US as a global center for Bitcoin and cryptocurrencies, repeatedly referencing digital assets in various policy speeches.
Bitcoin
Donald Trump
US election
Bernstein