

According to analysts at Bernstein, the outcome of the U.S. election could have a significant impact on Bitcoin's future. If Trump wins, they predict Bitcoin could surge to $80,000–$90,000 by the end of Q4, whereas a victory for Harris might cause Bitcoin to drop and test the $30,000–$40,000 range. The analysts note that while the crypto industry has reached out to both political sides, Trump has shown more support for the industry with promises to make the U.S. a global Bitcoin leader. Meanwhile, Harris has not addressed crypto in her policies. Source: The Block