【JPMorgan Analyst: Trump's Victory Will Bring Additional Upside Potential for Bitcoin and Gold Prices】On October 31, news from The Block reports that JPMorgan analysts stated that if Trump wins the U.S. election, it could further drive demand and price increases for Bitcoin and gold. The JPMorgan team pointed out that retail investors are actively participating in what is called 'currency devaluation trades', increasing investments in Bitcoin and gold ETFs to hedge against the risks of currency devaluation. Analysis indicated that in the past two days, net inflows into Bitcoin spot ETFs reached $1.3 billion, bringing the total inflow for October to $4.4 billion, marking the third highest in history. Meanwhile, the recent activity of institutional investors in Bitcoin futures has slowed down, with analysts suggesting that there may be some correction risks in the Bitcoin futures market. Additionally, the inflow of funds into gold ETFs is also primarily driven by retail investors. Analysts concluded that if Trump's victory further encourages retail investors to flock to the Bitcoin and gold markets, these assets could see more upside potential.

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