Morning Temporary hosts Seana Smith and Brad Smith sit down with Normal Chartered head of crypto analysis Geoff Kendrick to debate how the 2024 US presidential election outcomes may have an effect on bitcoin (BTC-USD) and the crypto market. “I feel we’ll go to contemporary all-time highs by the top of this yr, it doesn’t matter what occurs within the US election,” Kendrick tells Yahoo Finance. “A Trump presidency ought to be extra constructive, given he is been comparatively constructive on bitcoin,” the researcher says, including that he tasks bitcoin will develop to $125,000 by the top of 2024 if Trump wins. “Within the Harris state of affairs, I feel we do go greater, however to about $75,000 by the top of this yr,” Kendrick tells the Morning Temporary staff, claiming that crypto holders will nonetheless discover “a considerably constructive story, however a way more constructive end result in a President Trump 2.0″ time period. Kendrick expects bitcoin will rise to “$200,000 by the top of subsequent yr, regardless of who’s within the White Home.”
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