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<p>As the 2024 U.S. presidential election approaches, the cryptocurrency market is on edge, expecting significant changes depending on who wins—Donald Trump or Kamala Harris. Bitcoin is poised to hit new all-time highs regardless of the outcome. Standard Chartered predicts Bitcoin could reach $125,000 if Trump wins and $75,000 if Harris takes the White House. Crypto investors are gearing up for what could be a defining moment.</p><h3 id="strong-trump-s-pro-crypto-stance-fuels-optimism-for-a-bitcoin-rally-strong"><strong>Trump’s Pro-Crypto Stance Fuels Optimism for a Bitcoin Rally</strong></h3><p>Donald Trump’s rising election odds have stirred enthusiasm among crypto investors. Many see his presidency as a potential boost for the market. Trump’s pro-crypto stance has helped his campaign raise $7.5 million in <a href="https://icogemhunters.com/bitcoin-surge-or-crash-why-traders-are-bracing-for-a-major-market-move/" rel="noopener noreferrer nofollow">crypto donations</a>. His leadership could push Bitcoin to unprecedented levels, with Standard Chartered predicting a surge to $125,000 by year-end if he wins.</p><p>Trump’s support for crypto-friendly policies and relaxed regulations fuels this optimism. Whale investors like “Fredi9999” have bet millions on Trump’s victory, reflecting growing confidence in his potential to lift Bitcoin prices.</p><h3 id="strong-harris-presidency-signals-slower-steady-growth-for-bitcoin-strong"><strong>Harris Presidency Signals Slower, Steady Growth for Bitcoin</strong></h3><p>If Kamala Harris wins, Bitcoin’s rise may be slower but still promising. Harris’s odds have dipped in prediction markets, but analysts believe her presidency would bring a more cautious approach to crypto regulations. <a href="https://www.cnbc.com/2024/09/12/a-trump-victory-may-send-bitcoin-to-125000-says-standard-chartered-.html" rel="noopener noreferrer nofollow">Standard Chartered</a> forecasts Bitcoin reaching $75,000 if she wins.</p><p>Geoff Kendrick, head of digital assets research at Standard Chartered, notes that regulatory reforms, like changes to bank accounting rules for digital assets, will progress under Harris. However, this progress might take longer compared to Trump’s administration. Investors may initially sell off Bitcoin, but long-term growth is expected as the market adjusts.</p><h3 id="strong-trump-leads-in-prediction-markets-but-the-race-remains-tight-strong"><strong>Trump Leads in Prediction Markets, But the Race Remains Tight</strong></h3><p>Prediction platforms like <a href="https://polymarket.com/elections" rel="noopener noreferrer nofollow">Polymarket</a> show Trump with nearly 60% odds of winning. A whale investor’s major bet on Trump has pushed market sentiment in his favor. Key swing states, including Florida and Texas, show Trump leading, while Harris holds onto traditional Democratic strongholds like California and New York.</p><p>Although Trump currently leads in prediction markets, analysts warn the race is still close, and shifts in campaign dynamics could affect the outcome. The crypto community is closely watching, as election results could dramatically change the market’s direction.</p><h3 id="strong-what-s-ahead-for-crypto-regardless-of-who-wins-strong"><strong>What’s Ahead for Crypto, Regardless of Who Wins</strong></h3><p>No matter who wins, the broader crypto market is positioned for growth. Analysts agree that regulatory reform will continue, and Bitcoin’s rise will likely persist. Macro factors, such as U.S. Treasury trends, also provide positive momentum for Bitcoin.</p><p>As the election unfolds, investors and analysts will keep a close eye on Bitcoin’s price movements. The outcome could set the stage for crypto’s next big leap, reshaping the digital economy for years to come.</p><p></p><p><em><strong>Disclaimer:</strong> This article is intended for informational purposes only and should not be construed as legal, tax, investment, financial, or any other form of advice.</em></p><p><em>Source: </em><a href="https://icogemhunters.com/bitcoin-to-125k-how-the-u-s-election-could-send-crypto-markets-soaring/" rel="noopener noreferrer nofollow">ICOGemHunters</a></p>

Bitcoin to $125K? How the U.S. Election Could Send Crypto Markets Soaring!

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