Trump's changing views on cryptocurrencies
Date: 2024-05-10 Author: Oliver Abernathy Categories: IN WORLD
However, when Trump began his campaign for the presidency in 2024, his attitude towards digital assets changed dramatically. He even released collections of non-fungible tokens and began accepting donations in cryptocurrencies, claiming that his victory would be beneficial for the crypto community.
ChatGPT Forecast: Optimistic Scenario
According to artificial intelligence ChatGPT, Trump's second term in office will be more optimistic for Bitcoin, creating a soft regulatory climate and supporting price growth.
Based on this forecast, ChatGPT updated its post-election Bitcoin price target to a range of $80,000 to $90,000, expecting a positive impact on the cryptocurrency market.
Notice of possible uncertainties
However, it should be taken into account that policy promises often fall short and regulatory uncertainty may remain. In this case, the price of Bitcoin could remain in the range of $50,000 to $60,000, according to ChatGPT's findings.
