Currently, there are several significant positive factors in the crypto market that are driving positive sentiment and upward trends in the market:

Trump crushes Biden and may transform into crypto-friendly government: As Trump performs politically, he may take a more pro-cryptocurrency stance in future administrations. This news makes the market more optimistic about the regulatory environment of cryptocurrency, and it is expected that more friendly policies may be introduced in the future.

Trump is about to attend the 2024 Bitcoin Conference and deliver a speech: Trump’s attendance and speech will bring more attention and recognition to Bitcoin and the entire cryptocurrency market. Not only will this help boost public interest in cryptocurrencies, it may also attract more investors to the market.

CPI decreases, U.S. interest rate cut is imminent: The U.S. consumer price index (CPI) decreases, which means that inflationary pressure has slowed down. Coupled with the possible imminent interest rate cut in the United States, this will provide a more relaxed monetary environment for the cryptocurrency market and increase investor confidence and purchasing power.

European Cup gambling capital returns: During the European Cup, a large amount of money flowed into the gambling market. As the game ends, this capital may flow back into the cryptocurrency market, increasing liquidity and trading volume in the market, further driving prices higher.

Ethereum ETH upgrade passes next week: The Ethereum network is about to receive a major upgrade that will improve its performance and efficiency. The market is full of expectations for this, believing that it will enhance the value and application prospects of Ethereum, thus driving up the price of ETH.

Germany smashed all its chips: Major holders such as the German government sold a large amount of Bitcoin on the market, reducing the selling pressure on the market. As these chips are digested, the selling pressure in the market is relieved, which will help the price of Bitcoin to rise further. These positive factors work together to boost market sentiment and confidence. Investors should stay tuned and respond flexibly to market changes in order to seize investment opportunities. If you want to get more real-time information and operational strategies, follow Don’t Get Lost