Opinion: Trump's election prospects are optimistic, Bitcoin may rise to 80,000 to 90,000 US dollars
News on November 6, Bitcoin soared to a record high of over $75,000, breaking the record of about $73,000 set in March. According to The New York Times, although the results of key swing states have not yet been announced, on an influential cryptocurrency gambling website, Trump's chances of winning have risen to nearly 90%. Over the past two years, the Biden administration has actively cracked down on securities violations by crypto companies and questioned long-term prospects for the industry in America. During his campaign activities, Trump promised to end regulatory push and make America "the capital of cryptocurrency on Earth". Before the election analysts predicted that if Trump wins Bitcoin prices could rise up to $80k or even $90k.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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