{"id":2008,"date":"2024-11-01T17:02:29","date_gmt":"2024-11-01T17:02:29","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2008"},"modified":"2024-11-01T17:02:29","modified_gmt":"2024-11-01T17:02:29","slug":"bitcoin-may-end-the-year-at-79000-economist-predicts-but-heres-how-different-election-outcomes-could-change-that","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2008","title":{"rendered":"Bitcoin May End The Year At $79,000, Economist Predicts\u2014But Here&#8217;s How Different Election Outcomes Could Change That"},"content":{"rendered":"<div>\n<p>Economist and trader <strong>Alex Kr\u00fcger<\/strong> on Friday laid out his price predictions for <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) based on the 2024 U.S. presidential election outcome, with a strong focus on the immediate impacts of <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41687739\/nate-silver-says-kamala-harris-may-need-backup-plans-if-the-blue-wal-is-split-but-sees-the\">either candidate\u2019s win<\/a>. <\/p>\n<p><strong>What Happened: <\/strong>The trader asserted in a <a href=\"https:\/\/x.com\/krugermacro\/status\/1852132673051070585\">thread<\/a> on <strong>X<\/strong> that the apex crypto could surge to $90,000 by year-end in case of a Trump win, with a 55% probability assigned to this outcome.<\/p>\n<p>In contrast, a Kamala Harris victory would likely keep Bitcoin at around $65,000, with a probability of 45%.<\/p>\n<p>The weighted average of these projections puts Bitcoin at approximately $79,000, highlighting the substantial effect that the election could have on the cryptocurrency market.<\/p>\n<p>Kr\u00fcger emphasized that <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41635149\/2024-election-odds-on-polymarket-kalshi-show-trump-will-win-why-they-might-be-wrong\">a Trump win<\/a> would likely result in a sharp, rapid rise in Bitcoin&#8217;s price, driven by expectations of &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41691279\/bitcoin-may-end-the-year-at-79-000-economist-predicts-but-heres-how-different-election-out\" alt=\"Bitcoin\" may end the year at economist predicts here how different election outcomes could change that>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Economist and trader Alex Kr\u00fcger on Friday laid out his price predictions for Bitcoin (CRYPTO: BTC) based on the 2024 U.S. presidential election outcome, with a strong focus on the immediate impacts of either candidate\u2019s win. What Happened: The trader asserted in a thread on X that the apex crypto could surge to $90,000 by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2008","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2008"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2008\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}