Bernstein reiterated that if Trump wins the presidential election, the price of BTC could reach $80,000 to $90,000.

BlockBeats news, on October 9, research and brokerage firm Bernstein's analysts reiterated their forecast that if Trump wins the US election next month, the price of BTC may reach a historic high of $80,000 to $90,000. Since Vice President Kamala Harris accepted the Democratic nomination, there has been the greatest division in support for the former president. Trump has repositioned himself this year as a candidate supportive of Cryptocurrency—accepting Cryptocurrency as campaign donations, and outlining policies such as turning the US into a 'strong nation' in BTC Mining, appointing a Cryptocurrency-friendly SEC chairman, and establishing a national strategic BTC reserve. In contrast, Harris has only recently mentioned Cryptocurrency in any speeches or policy statements, with broader comments last month, stating that she will encourage Cryptocurrency businesses while protecting consumers, and that the US should take a 'dominant position' in the blockchain field, with digital asset being part of her 'opportunity economy' vision. Although Bernstein analysts believe that in the background of low interest rates, continuing US fiscal deficits, and unprecedented levels of debt, BTC will perform well in the long term regardless of the election results, the recent reaction to the election may be significant.