11 September 2024
Crypto analyst Thomas has provided his Bitcoin price prediction for 2030 based on whether Donald Trump or Kamala Harris wins the US presidential elections. Crypto has become a major talking point ahead of the elections, and experts like Bernstein analysts have also suggested that the winner of the polls will determine Bitcoin’s future trajectory.
What The Bitcoin Price Will Be By 2030 If Trump Or Harris Wins
Thomas mentioned in an X (formerly Twitter) post that Bitcoin will reach $1 million by 2030, whether Donald Trump or Kamala Harris wins. The analyst suggested that the outcome of the US presidential elections in November wouldn’t stop the flagship crypto from reaching its full potential.
Crypto commentators have continued to make price predictions for Bitcoin based on the upcoming elections. This is understandable, especially with Trump presenting himself as the ‘Crypto President’ to win over crypto voters. Based on his pro-crypto stance, Bernstein analysts recently predicted that Bitcoin could rise to as high as $90,000 in the fourth quarter of this year if Trump emerges victorious.
In June, Geoffrey Kendrick, head of forex and digital assets research at Standard Chartered, predicted that Bitcoin would rise to $100,000 before the elections and that the flagship crypto could reach $150,000 by year-end if Trump becomes the next US president. On the other hand, not much has been said about Bitcoin’s future trajectory if Harris wins the elections, as the current US Vice President remains tight-lipped about her crypto stance.
Harris recently released her official policy statement, which does not mention crypto or Bitcoin specifically. This has made the crypto community question where she stands concerning cryptocurrencies. The Vice President’s silence about Bitcoin is more concerning, considering she is part of the current administration, which has continued to clamp down on crypto firms, primarily through the US Securities and Exchange Commission (SEC).
Crypto Community Awaits Debate Between Trump And Harris
The crypto community awaits the US presidential debate between Trump and Harris. If both candidates discuss their plans for the crypto industry or crypto-related policies they intend to implement if elected, it could be a significant moment for Bitcoin and the broader crypto market.
It is worth mentioning that crypto wasn’t discussed during the first US presidential debate between Trump and President Joe Biden in June when the latter was still the presidential nominee for the Democratic party. However, this time will likely be different, seeing how more involved crypto stakeholders have become in the election campaign since then. Ripple’s co-founder Chris Larsen was one of eighty-eight corporate leaders who recently signed a letter endorsing Harris ahead of the debate.
At the time of writing, Bitcoin is trading at around $56,800, up over 2% in the last 24 hours, according to data from CoinMarketCap.