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While the US Presidential elections in November are among the expected catalysts for the rise in Bitcoin and cryptocurrencies, markets are preparing for a critical event today.
While former US president Donald Trump openly supports Bitcoin and cryptocurrencies, Kamala Harris draws attention with her anti-crypto stance.
Experts say that the votes of cryptocurrency investors will play a decisive role in this election.
At this point, as the election race continues with excitement, US presidential candidates Donald Trump and Kamala Harris will face each other for the first time on live television tonight and compete.
The Trump-Harris duel will begin at around 04:00 GMT.
Cryptocurrency investors as well as US citizens are curious about what topics will be discussed in the Trump-Harris duel, which is planned to last 90 minutes.
Although cryptocurrencies are expected to be discussed, a recent poll shows that cryptocurrencies are not a major priority for voters, with inflation, immigration and the economy being among the issues they care about most.
While experts do not expect cryptocurrencies to be discussed at this point, Saga CEO Rebecca Liao said: “While crypto is an important issue in this election, it is not on the same level as issues such as immigration or inflation.”
Bernstein stated in his report yesterday that Bitcoin could rise to $90,000 if Trump wins the election, while he predicted that the price would fall to between $30,000 and $40,000 if Harris wins.
*This is not investment advice.