Can Bitcoin Hit $100K Under Trump Presidency? ChatGPT Weighs In

**Can Bitcoin Reach $100,000 if Donald Trump Becomes US President Again?**

**ChatGPT Speculates on BTC’s Prospects**

**By [Author Name], Bloomberg**

**TL;DR: Donald Trump** promises to support **Bitcoin** and **crypto mining** if elected, which could result in **BTC prices** surging, according to **ChatGPT**. Broader economic conditions, such as inflation and **Federal Reserve policies**, might also significantly influence the asset's future valuation.

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**What Are BTC’s Chances?**

The U.S. presidential elections, scheduled for **November**, are shaping up to be a contested battle between current President **Joe Biden** and Republican candidate **Donald Trump**. The latter has recently positioned himself as the candidate for **crypto enthusiasts**, assuring voters that **Bitcoin (BTC)** and the industry will thrive under his administration should he return to the White House.

We asked **ChatGPT** whether the price of the leading digital asset could reach the **$100,000 milestone** if Trump becomes America’s 47th president. The AI-powered chatbot speculated that such a victory could indeed fuel a price rally for **BTC**: *"A Trump presidency might impact regulatory policies toward cryptocurrencies. If the administration adopts a more crypto-friendly stance, this could positively influence Bitcoin’s price."*

ChatGPT also suggested that **BTC’s valuation** could rise if Trump keeps his promises concerning the **crypto sector**. Trump recently pledged to increase **Bitcoin mining** efforts in the United States, describing the process as the *“last line of defense against a CBDC.”* Earlier this year, Trump labeled the **digital dollar** as *"very dangerous"* and vowed to prevent its creation if he wins the elections.

**Latest polls** indicate that **Donald Trump** currently leads **Biden** by a slim margin: 41% versus 40% for his main opponent. **Robert Kennedy**, with 9.2% of voter support, is in third place.

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**Additional Factors**

ChatGPT maintained that Trump’s potential election is not the lone factor that could trigger a **BTC price rally**. Broader economic conditions, such as **inflation**, **geopolitical stability**, and **monetary policy**, could also play significant roles.

Inflation in the U.S. remains a critical issue, closely monitored by the **Federal Reserve**, which targets an annual rate of 2%. Once this percentage is reached—or potentially even sooner—the central bank may pivot from its aggressive anti-inflationary stance and lower **interest rates**.

The benchmark interest rate is currently positioned at 5.25%-5.50%, and some industry participants expect the **crypto market** to rise once the Fed reduces this figure. Lower interest rates could make borrowing cheaper, potentially increasing interest in **risk-on assets** such as **BTC** and alternative coins.

Earlier this week, the **U.S. Bureau of Labor Statistics** released its latest report, showing that **inflation in America** was lower than expected for May. However, the Fed opted to keep rates unchanged, a decision followed by a price decline for **BTC**.

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