CandleFocus Bitcoin to hit six figures regardless of who wins US election, Swan Bitcoin says
2024-09-12
Author: Content Editor
Many investors believe that Bitcoin will reach six figures regardless of the outcome of the U.S. presidential election. Steven Lubka, head of private clients and family offices at Swan Bitcoin, is confident that Bitcoin will surpass $100,000 by 2025. Concerns that a Kamala Harris presidency could lower Bitcoin's price are overstated, as crypto is driven more by macroeconomic forces than domestic politics. The recent debate between Donald Trump and Kamala Harris triggered a bearish momentum in the crypto market, but analysts agree that Bitcoin's price will be influenced more by macro trends than political events.
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