JPMorgan analysts have released a compelling report predicting a surge in retail interest for both Bitcoin and gold should Donald Trump secure victory in the upcoming U.S. presidential election. Led by Managing Director Nikolaos Panigirtzoglou, the team highlights how a Trump win could intensify the "debasement trade," where investors flock to these assets as a hedge against currency devaluation. Notably, October has already seen significant inflows into Bitcoin ETFs, totaling $4.4 billion, indicating a robust appetite among retail investors for alternative assets.
Despite some caution from institutional investors, the potential for increased retail trading in Bitcoin and gold presents an exciting opportunity for market participants. As we approach the election, the dynamics of these markets could shift dramatically based on the outcome.
