After the launch of U.S. bitcoin exchange-traded funds at the beginning of the year, crypto has become an issue of growing and bipartisan interest in Washington. The U.S. historically has held a predominantly anti-crypto stance, but lawmakers more recently have been raising questions about how long that can or should continue.

“As we approach the U.S. election I expect $100,000 to be reached and then $150,000 by year-end in the case of a Trump victory,” Geoff Kendrick, head of digital assets research at Standard Chartered, wrote of bitcoin.$BTC $BNB $USDC