Experts Predict Bullish Future for Bitcoin Despite US Election Outcome
CryptoNewsTerminal Staff11 Sep, 2024
Experts Predict Bullish Future for Bitcoin Despite US Election Outcome
Regardless of the outcome of the US presidential election, experts predict Bitcoin is poised for significant long-term gains. According to Steven Lubka, Managing Director at Swan, "no matter who wins the presidency, Bitcoin will reach six figures in value by 2025." Tyron Ross, founder of advisory firm 401Financial, agrees, stating that the potential impact of the election on BTC is minimal: "BTC is emerging as a mature quality asset, and its value proposition should endure." Daniel Cawrey, Chief Strategy Officer of Telegram's decentralized TON wallet Tonkeeper, observed that the election has brought crypto into the spotlight. Although Vice President Kamala Harris has not yet taken a formal stance, the Harris camp has been engaging with industry stakeholders, indicating potential clarity for the sector.
