Bitcoin Could Reach $100,000 Amid Trump vs. Biden Debate: Here’s Why

Summary:
The upcoming debates between presidential candidates Joe Biden and Donald Trump, scheduled for June 27 and September 10, could significantly impact Bitcoin’s value, potentially driving it towards $100,000. While primary debate topics are expected to include issues like border security, inflation, and health care, crypto is emerging as a pivotal issue for many voters, particularly in swing states.
Trump has recently voiced support for crypto, contrasting with the Biden administration’s more critical stance, which includes proposed tax increases on Bitcoin mining and vetoing supportive legislation. This divergence has polarized voters and attracted substantial political donations to pro-crypto candidates. Analysts suggest that positive remarks on crypto from Trump during the debates could boost Bitcoin’s price, with some predicting it could reach up to $150,000 if Trump wins the election.