Economist predicts Bitcoin could reach $90,000 depending on 2024 election outcome

Economist Alex Krüger has shared Bitcoin price predictions based on the outcome of the 2024 U.S. presidential election. He estimates Bitcoin could reach $90,000 if Donald Trump wins, while a Kamala Harris victory may keep it around $65,000. The average projection places Bitcoin at about $79,000, indicating significant election influence on the cryptocurrency market. Krüger suggests a Trump win would lead to a quick price increase due to expected pro-crypto policies. In contrast, a Harris win might initially lower Bitcoin's price before a potential recovery. Krüger also notes that Bitcoin's movements are closely tied to equity markets, which he remains optimistic about unless there is a Democratic sweep.