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International Business Times
International Business Times
Business
Marvie Basilan

Bitcoin Could Reach $90K With Trump Victory, To Rise Regardless Of Election Outcome: Bernstein

Bernstein analysts maintained their previous projection that Bitcoin will rise on a Trump win. (Credit: AFP)

KEY POINTS

  • Analysts believe $BTC prices can spike to $90,000 in the lead-up to inauguration if Trump wins
  • They said Bitcoin can plunge to $50,000 if Harris wins, then start to recover after inauguration
  • They are still positive that the digital currency can skyrocket to $200,000 by the end of 2025 no matter who wins

Bitcoin will continue its road to the moon regardless of how the presidential elections on Tuesday turn out, analysts at research and brokerage firm Bernstein said, but they also believe prices will have a short-term spike if Donald Trump wins.

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