Bitcoin could hit $100,000 by Inauguration Day, says crypto expert—what a Trump Presidency could mean for digital assets – NBC10 Philadelphia
The price of bitcoin rose above $90,000 for the first time this week, as investors continued to bid up cryptocurrency prices in the wake of the 2024 election.
In the runup to the vote, analysts touted President-elect Trump as the more crypto-friendly candidate who had promised on the campaign trail to make the U.S. the “crypto capital of the planet” and a “bitcoin superpower.”
In a September note, Standard Chartered analyst Geoff Kendrick predicted a crypto breakout in the event of either candidate winning — but with a much higher target for a Trump victory.
All told, bitcoin, the largest and most widely traded cryptocurrency, has risen 30% since election night, and crypto experts say there could be more…
