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Bitcoin reclaims $55,000 ahead of Tuesday’s Harris-Trump debate

A Trump victory in November could see Bitcoin rose to an all-time high of $90,000broker Bernstein said in a research report. A Harris win, on the other hand, could test the $30,000-$40,000 range. Bernstein noted Trump’s vocal support for BTC, wanting to make the US the “bitcoin and cryptocurrency capital of the world” and mentioning the cryptocurrency in every political speech he has given. “After the past three years of regulatory purges, a positive crypto regulatory policy can once again spur innovation and bring users back to blockchain financial products,” analysts led by Gautam Chhugani wrote. “The election remains hard to call, but if you’re a long time crypto here, you’re likely to take a Trump trade,” the report added.

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