Bitcoin Could Hit $125K or $75K Based on U.S. Election Outcomes

Thursday, 12 September 2024, 04:36

Bitcoin is forecasted to potentially hit $125K if Trump wins the election, while a Harris victory could see it at $75K. Standard Chartered's report indicates that regardless of the election outcome, Bitcoin is likely to reach new highs by year-end.
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Bitcoin Could Hit $125K or $75K Based on U.S. Election Outcomes

Bitcoin Price Predictions Amid U.S. Elections

According to a recent report from Standard Chartered, Bitcoin could experience significant price movements by year-end based on the results of the upcoming U.S. election. Bitcoin's price may soar to $125K if former President Donald Trump takes the presidency again, while a win for Kamala Harris could limit the digital currency's gains to $75K.

Market Insights

  • Bitcoin's resilience is a key theme in the current market landscape.
  • The impact of U.S. political shifts on investment trends.
  • Anticipated growth in Bitcoin prices regardless of election outcomes.

Investors should keep a close eye on how the market reacts to the election results, as it could have lasting implications on Bitcoin's trajectory. With forecasts suggesting a bullish sentiment, focusing on varied trading strategies could enhance portfolio performance.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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