The post Bitcoin price at $100,000 after the USA elections appeared on BitcoinEthereumNews.com.

Yesterday, on the CNBC website, an article was published in which the hypothesis is ventured that the price of Bitcoin could reach six figures regardless of who wins the US presidential elections in November. The hypothesis indeed imagines that after the U.S. presidential elections, a new bullrun could start, capable of bringing the price of Bitcoin above $100,000. The article from CNBC: Bitcoin price skyrockets thanks to the USA elections The article, published in the Crypto World section, was written by Tanaya Macheel. Macheel is indeed a journalist for CNBC, and she deals with markets and investments with a particular focus on cryptocurrencies, since 2014. Periodically appears also in the television programming of the broadcaster, and her articles are regularly published on CNBC.com. She is also one of the hosts of the daily digital show of CNBC “Crypto World”.  The article is quite in-depth, and it does not seem to be an excessively optimistic gamble.  Furthermore, Macheel cites some statements made to her by the head of private clients and family offices at Swan Bitcoin, Steven Lubka.  The bullish hypothesis on the price of Bitcoin Macheel begins the article by saying that Bitcoin will thrive in the long term, regardless of who wins the U.S. presidential elections in November. He refers to it as a point of view that many investors in crypto are starting to accept.  The point is that in case of a Trump victory, the crypto markets could react well in the short term, while a Harris victory might not generate such a reaction, but in the medium/long term the differences could diminish significantly, eventually disappearing sooner or later.  Lubka, for example, believes that almost certainly the price of Bitcoin during 2025 will end up rising above $100,000, regardless of the outcome of the November elections. He…

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Filed under: News - @ September 12, 2024 12:24 pm