Bernstein: Bitcoin could reach $90,000 by the end of the year if Trump is re-elected

Odaily News Bernstein said in a research note on Monday that if Donald Trump wins the US election in November, Bitcoin is expected to hit new highs later this year and could reach $90,000 by the fourth quarter. The report said that if Kamala Harris wins the election, the largest cryptocurrency by market value is expected to fall below its current bottom of around $50,000 and could test the $30,000-40,000 range. The broker noted that Trump has said he wants to make the United States the "Bitcoin and cryptocurrency capital of the world" and has mentioned digital assets in every policy speech.