In the world of cryptocurrency, predictions about the future price of Bitcoin are constantly being made by analysts. One such analyst, known as Thomas, recently shared his Bitcoin price prediction for 2030. According to Thomas, regardless of whether Donald Trump or Kamala Harris wins the US presidential elections, Bitcoin will reach $1 million by 2030.
It is interesting to note that Trump has presented himself as the ‘Crypto President’ in an attempt to appeal to crypto voters. Due to his pro-crypto stance, Bernstein analysts have suggested that if Trump wins the elections in November, Bitcoin could potentially rise to as high as $90,000 in the fourth quarter of this year. Moreover, Geoffrey Kendrick of Standard Chartered predicted that Bitcoin could reach $100,000 before the elections and even hit $150,000 by the end of the year if Trump becomes the next US president.
In contrast, there has been little discussion about Bitcoin’s future trajectory if Harris wins the elections. Harris, the current US Vice President, has not explicitly mentioned her stance on cryptocurrencies. This lack of clarity has left the crypto community wondering where she stands on issues related to Bitcoin. Moreover, Harris has not addressed the concerns about the current administration’s crackdown on crypto firms, particularly through the US Securities and Exchange Commission (SEC).
As the US presidential elections draw near, the crypto community eagerly awaits the debate between Trump and Harris. If both candidates outline their plans for the crypto industry and the policies they intend to implement if elected, it could have a significant impact on Bitcoin and the broader cryptocurrency market. This upcoming debate holds the potential to provide much-needed clarity on the future of Bitcoin.
Interestingly, crypto was not a topic of discussion during the first presidential debate between Trump and President Joe Biden back in June. However, as the election campaign has progressed, more crypto stakeholders have become involved, indicating that the upcoming debate between Trump and Harris may shed more light on the candidates’ views on the cryptocurrency industry.
The outcome of the US presidential elections could have a profound impact on Bitcoin’s price trajectory. While analysts like Thomas remain optimistic about Bitcoin reaching $1 million by 2030, the influence of candidates like Trump and Harris on the cryptocurrency market cannot be overlooked. As we move closer to the elections, all eyes are on the candidates and their stance on the crypto industry.