A Trump presidency would embed bitcoin more deeply into the financial system. How would that affect its price?

According to a Bloomberg report, investors are adjusting their bets, pulling back on expectations of looser monetary policy, as Trump’s pro-growth agenda could fuel an already strong US economy if he secures victory in the November 5 election. This market shift has caused Bitcoin and stocks to fluctuate, as financial conditions tighten in response.

Bitcoin’s classification as a so-called Trump trade is starting to jar with wider shifts in global markets attributed in part to the possibility of the former president’s return to the White House.

Bitcoin {{BTC}} may cross previous highs in the coming weeks regardless of which candidate becomes the U.S. president, some traders say, in a shift of tone ahead of the November elections. Traders have long perceived Republican Donald Trump’s victory as ...

Jeff Park, Head of Alpha Strategies at Bitwise, has projected that Bitcoin (CRYPTO: BTC) could skyrocket to $92,000 in the event of a Donald Trump election victory.