If Trump wins, Bitcoin might experience an uptick due to his previous pro-crypto stance and general support for deregulation. This could lead to relaxed cryptocurrency regulations, boosting confidence among Bitcoin investors. His administration might focus on fostering innovation, possibly easing concerns about government interference in crypto markets.

If Harris wins, the impact on Bitcoin could be more uncertain. Given the current administration’s cautious regulatory approach, a Harris presidency might continue with crypto oversight and regulatory frameworks, which could create a more structured but possibly restrictive environment for Bitcoin. This might stabilize Bitcoin but limit rapid growth.

In either scenario, the outcome in Congress and key regulatory appointments would play a significant role in shaping the broader crypto policy landscape.