The U.S. presidential elections may affect the price of Bitcoin.

As the U.S. presidential elections approach, volatility in the cryptocurrency world is increasing. Data from the decentralized prediction platform Polymarket indicates that a close race is expected, while investors are taking cautious positions.

BITCOIN PRICE WILL BE SHAPED BY ELECTION RESULTS

Bernstein analysts emphasize that financial indiscipline and record debt levels in the U.S. continue to be key drivers for Bitcoin. The success of spot Bitcoin ETFs further supports this trend.

The difference between Trump's crypto-friendly policies and Harris's stance may affect investor sentiment in the short term. Bernstein maintains its target of $200,000 for Bitcoin by the end of 2025, regardless of the election outcome.

The future of Ethereum (ETH) and other crypto assets will depend on the regulatory framework. Positive regulations are needed for stablecoins, asset tokenization, and crypto classification. The Bitcoin mining sector may also vary based on election results. The potential for domestic production and mining as an energy source for artificial intelligence is on the agenda of both candidates.