Donald Trump’s victory in the election may push Bitcoin to $150k

Top analysts predicted that Donald Trump’s victory in the upcoming presidential election may pump Bitcoin to $150k.

Donald Trump, former US president, is currently the top US presidential candidate as per online survey records. In the last couple of months, Trump passed several crypto-friendly statements around Bitcoin & cryptocurrency adoption in the US jurisdiction and also his election campaign team started accepting crypto donations.

On 7 June 2024, Geoff Kendrick, the head of digital assets research at Standard Chartered, made a bold prediction, suggesting that if Donald Trump wins the upcoming U.S. presidential election, Bitcoin could skyrocket to $150,000.

Kendrick anticipates that Bitcoin may first hit $80,000 to $100,000 as the election approaches, followed by a further surge to $150,000 by the end of the year if Trump is re-elected.

   

 

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https://twitter.com/Bitcoinikdotcom/status/1799021311618175153?ref_src=twsrc%5Etfw” target=”_blank” rel=”noopener

Donald Trump’s crypto-holding

A year ago, in August 2023, Coindesk reported that Donald Trump held $2.8 million in a cryptocurrency wallet. This information was disclosed in official documents received by the governmental ethics watchdog group, Citizens for Responsibility and Ethics in Washington.

He also earned $4.87 million from NFT licensing fees, as per the filing.

At present, Trump’s election campaign team holds more than $31 million in cryptocurrencies, including Bitcoin, Ethereum, Maga meme tokens, etc.

https://twitter.com/3orovik/status/1798365924002877769?ref_src=twsrc%5Etfw” target=”_blank” rel=”noopener

So far more than $300 million in donations has been received by Trump and this amount is surging rapidly day by day, which is enough to show his popularity & support among the American population.

https://twitter.com/SantaSurfing/status/1797761232797331559?ref_src=twsrc%5Etfw” target=”_blank” rel=”noopener

A week ago, the world’s richest person Tesla CEO Elon Musk confirmed that he talked about Bitcoin & Crypto adoption policies with former US president Trump.

https://twitter.com/elonmusk/status/1796211398088810731?ref_src=twsrc%5Etfw” target=”_blank” rel=”noopener

All these things show that Trump is going to win the upcoming election because there are not only crypto people supporting him but also many non-crypto people supporting him to save America from inflation & implement better economic policies.

Read also: Kraken to go public before 2025, looking for $100 million investment: Report 

Donald Trump’s victory in the election may push Bitcoin to $150k 

 

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