Odaily Planet Daily News 📈 JPMorgan Managing Director Nikolaos Panigirtzoglou and his team pointed out in a report released on Wednesday that Trump's victory could further enhance the momentum of Bitcoin. This is mainly attributed to the trend of 'devaluation trading' among retail investors. 💰
Retail investors seem more eager to purchase Bitcoin and gold ETFs to hedge against currency devaluation risks. At the same time, analysts also mentioned that the investment impulses of retail investors are reflected in meme and AI tokens, which have also performed excellently in market capitalization. 🚀
Overall, Bitcoin shows strong appeal in the current market environment and is worth continued attention.