In a new report, a company called Bernstein looked at what might happen to Bitcoin, a type of digital money, depending on who wins the U.S. presidential election in November. They think that if Donald Trump, who was once the President, wins, the value of Bitcoin could go up a lot, maybe even reaching $90,000 by the end of the year. But if Kamala Harris, who is also running for President, wins, the value of Bitcoin might go down, possibly dropping to between $30,000 and $40,000.

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• Bitcoin Price Prediction: If Donald Trump wins the U.S. election, Bitcoin could rise to $90,000 by the end of the year.
• Potential Price Drop: If Kamala Harris wins, Bitcoin’s value might fall to between $30,000 and $40,000.
• Trump’s Crypto Focus: Trump is keen on making the U.S. a leader in cryptocurrency, unlike Harris, who still needs to address the topic.

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Bitcoin’s Trajectory Tied to U.S. Election: Trump Victory Could Propel Value to $90K, Says Bernstein Report

The report talks about how Trump really wants the United States to be the best place in the world for Bitcoin and other digital money. He often talks about this in his speeches. In July, he even spoke at a big Bitcoin event in Nashville, where he said he wants the U.S. to be great at making Bitcoin. Trump also wants to pick someone who likes Bitcoin to be in charge of a big organization called the SEC. He also wants to have a special group of people to help the President with Bitcoin and to keep a big national supply of Bitcoin.

On the other hand, the report says that Kamala Harris hasn’t talked about Bitcoin at all during her campaign.

The report also mentions that Bitcoin and other digital money have had a tough time the past three years because of big money problems around the world and strict rules. But if the rules become more friendly to Bitcoin, it could help new ideas grow and make more people use digital money again. The people who wrote the report think that betting on Bitcoin right now might mean betting that Trump will win.

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