🚨🚨🚨Breaking News Alert🚨🚨HELPFULL

Unprecedented Presidential Support for Bitcoin

In a historic move, former President Donald Trump has expressed strong support for Bitcoin, marking the first time an American president has taken such a clear and high-profile stance on the cryptocurrency.

Potential Market Rebound with Trump’s Election

In a recent column for *The Scoop*, Frank Chaparro of The Block and Laura Vidiella of MNNC Group discussed the market's need for a catalyst to regain momentum. They highlighted that a successful launch of a spot Ethereum ETF could serve as this catalyst, potentially increasing liquidity and surprising the market with an upward trend.

Additionally, some analysts suggest that a Trump victory in the upcoming US election could trigger a significant bull market cycle. Currently, the derivatives market reflects temporary pessimism, with the inverted term structure indicating higher implied volatility for short-term options compared to long-term options, signaling excessive bearish sentiment.

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