"Trump or Harris victory could shake the price of Bitcoin"

It is difficult to predict exactly how the price of Bitcoin would react if Donald Trump or Kamala Harris won an election, as the cryptocurrency market is influenced by many factors, not just politics. However, some considerations can be analyzed that could influence the price under both scenarios:

If Donald Trump wins:

• Economic and fiscal policies: Trump has been seen as favorable to tax-cutting and deregulation policies, which could benefit financial markets in general. If these policies generate optimism in the economy and markets, Bitcoin could be boosted along with other risk assets.
• Geopolitical tensions: Trump has a more confrontational approach to foreign policy, which could create uncertainty in global markets and increase interest in Bitcoin as an alternative safe haven.
• Criticism of cryptocurrencies: During his previous term, Trump expressed criticism towards Bitcoin and cryptocurrencies, which could lead to distrust in the market if he continues with a negative stance.

If Kamala Harris wins:

• Tighter regulation: Harris, as part of the Democratic Party, might be more inclined to support more regulation of cryptocurrencies. This could create uncertainty or concern in the cryptocurrency market, which would affect the price of Bitcoin.
• Economic stimulus: A Harris-led government could prioritize fiscal stimulus policies, which, depending on how it is implemented, could influence inflation and demand for alternative assets like Bitcoin.
• Technology and adoption: Although the Democratic Party might support technological innovation, more regulation could dampen market enthusiasm.

Other factors:

Regardless of who wins, Bitcoin also responds to factors such as global demand, institutional adoption, international regulation, and technological innovations in the crypto space. Therefore, any estimates on its price under a possible Trump or Harris government would be speculative.

In short, while a Trump administration could temporarily boost the value of Bitcoin due to geopolitical uncertainty and favorable economic policies, a Harris administration could lead to more regulation, which could slow market growth in the short term.