Cryptocurrency experts predict rapid growth of bitcoin if Donald Trump becomes US president

AMBCrypto experts conducted a survey among 9,375 investors to assess the potential impact of Donald Trump’s re-election on the bitcoin price BTC $65,642.27 Bitcoin -0.19% Market capitalization $1.3 trillion VOL. 24 hours $0.59 billion . The majority of respondents (80%) believe that his return to the presidency will contribute to a steady increase in the price of the market’s flagship, which will quickly reach $ 80,000.

Nevertheless, 20% of respondents expressed the opinion that bitcoin could come under serious pressure if Trump is re-elected. Discussions about his political influence on the cryptocurrency market have gained momentum in recent months, which emphasizes the importance of his figure for digital assets.

AMBCrypto analysts also assessed bitcoin’s performance in recent months. They noted that the positive futures financing rates observed since May of this year reflect traders' confidence in the long-term growth of the cryptocurrency price. With the US presidential election approaching, investors are increasingly paying attention to the political situation, believing that any changes will quickly be reflected in the dynamics of many digital currencies.

In addition, experts noted the growing popularity of Solana SOL $156.34 Solana -0.89% Market capitalization $73.31 billion VOL. 24 hours $0.25 billion , which has grown by $ 61 billion since the beginning of the year, surpassing Ethereum ETH $2,671.50 Bridged Ether (StarkGate) -1.11% Market capitalization $0.2 billion VOL. 24 hours $0.37 billion due to the development of decentralized finance. There is also a steady growth in the GameFi segment, where daily trading volumes exceed $ 2.5 billion.

As a reminder, Donald Trump promises to completely transform US policy on bitcoin and cryptocurrencies if he is re-elected. At the Bitcoin2024 conference in Nashville, Trump said that on the very first day he would fire Securities and Exchange Commission Chairman Gary Genslerand end policies that prevent crypto investors and companies from using digital assets.