Jeff Park, head of alpha strategies at Bitwise, predicts that Bitcoin could reach $92,000 if Donald Trump wins the presidency in November. Using a unique calculation that compares Bitcoin’s price with Trump’s odds on the betting platform Polymarket, Park believes that this election outcome has a high probability of triggering a significant Bitcoin rally. This assertion is supported by other crypto enthusiasts, like Bitcoin millionaire Erik Finman, who suggests that a Trump win could propel Bitcoin to as high as $100,000 due to pro-crypto policies he intends to implement. Trump has positioned himself to attract crypto voters by emphasizing such policies during his campaign, including taking action against SEC Chair Gary Gensler upon taking office. However, opinions on the long-term effects of a Trump victory vary. Investor Mark Cuban warns that while a market surge may occur, it could be short-lived due to inflationary repercussions from proposed economic policies. Currently, Kamala Harris holds a slight lead in national polls, although Trump maintains a stronger position in betting markets.

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