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Bitcoin’s Potential Surge to $150,000: The Impact of a Trump Presidential Win

From pc-tablet.com

Standard Chartered Bank has forecasted a significant surge in Bitcoin’s price, potentially reaching $150,000 by the end of 2024, contingent upon Donald Trump’s re-election as U.S. President. This prediction stems from an expected shift towards a more favorable regulatory environment for cryptocurrencies under a Trump administration. Impact of Fiscal Policies and Regulatory Environment The bank’s analysts suggest that Trump’s potential presidency could lead to changes in U.S. fiscal policies that might enhance the attractiveness of cryptocurrencies like Bitcoin as alternative assets. During Trump’s previous term, ... (full story)

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  • Category: Fundamental Analysis