Odaily Planet Daily News At 18:50 today, QCP Capital stated on its channel, "What a memorable day. With just a few more votes for Trump, the 2024 presidential election is basically determined. Trump has maintained a lead in the polls from the beginning, and now it all depends on Arizona, Michigan, Nevada, and Wisconsin. In these states, more than half of the ballots have been counted, and the scale is beginning to tip in Trump's favor. The dollar exchange rate surged 1.2%, reaching a high of 105, the highest since July, while yields also climbed. This is because the market expects stronger economic growth and increased fiscal spending. The yield on 10-year government bonds rose by 15 basis points, while the yield on 2-year government bonds rose by 8 basis points, indicating increased investor expectations. Although the market expects the probability of interest rate cuts to decrease due to Trump's 'friendlier' proposed policies, it still anticipates a cut of 1.8 times this year and another 3 times next year. The cryptocurrency market is performing explosively, with BTC reaching a historic high of $75,000, having previously touched the previous historic record of $73,500 on March 14. Since then, BTC has mainly traded in a narrow range below $70,000. Notably, since its emergence in 2009, BTC has experienced three election cycles, each followed by a price rebound, and the price has never fallen back to pre-election levels. We expect this bullish momentum to remain strong as we enter 2025."

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