Many crypto investors believe that Donald Trump's support for Bitcoin and cryptocurrency in general has the potentials of driving a significant surge in the price in Bitcoin is he succeeds to become the next elected president of the United States. According one of the popular election gambling sites, Trump currently possess up to 67% chances of winning the election and going by that number, the chances of Trump winning the elections is now higher than it's ever been. In his vow to the US people he said he'll make the country the “crypto capital of the planet and the Bitcoin superpower of the world." so if he succeeds to win the presidential election, do you think it'll significantly increase the price of Bitcoin and cryptocurrency in general??
Topic like this is one we have discussed a lot of times while the presidential election was coming ahead.
Now, the US presidential elections have come and gone, and fortunately enough, Trump won the victory, I don't need telling you what the effect of this is currently, bitcoin has managed to grow in price into significant amount and $80,000.
Alot of people around the world are accumulating bitcoin, and this is because they possibly know the potentials in bitcoin, some people have predicted that as soon as Trump enters the whitehouse and is sworn in as the president of the country, the price of bitcoin will go up and worth nothing less than $300,000.