Here’s How Harris And Trump Wins Would Impact Them
Topline
Bitcoin prices may swing wildly based upon the results of the presidential election, analysts at one Wall Street research firm warned Monday, as former President Donald Trump positions himself as the pro-crypto candidate.
Trump speaks at a bitcoin conference in Nashville this summer.
Key Facts
Bernstein analysts led by Gautam Chhugani wrote Monday the election will have a “short term impact on crypto sentiment” and on the price of the dominant cryptocurrency bitcoin, which sits at about $68,000, down from last week’s seven-month high of more than $73,000.
Bitcoin can rise to $80,000 to $90,000 over the next two months if the “pro-crypto candidate” Trump wins the…
