Post-event analysis:
Today the cryptocurrency market experienced a general surge, with Ethereum leading. The reason is likely a reaction from the industry to the Republican Party taking both chambers, leading to de-regulation and a relaxation of oversight in the cryptocurrency space, which everyone feels increases certainty. Prior predictions:
On Monday, it is highly probable that the U.S. stock market will follow suit; deregulation is beneficial for the entire capital market. The most advantageous projects are those with token empowerment, and in the future, it is likely that under the safe harbor legislation, there will be no need to hide behind just doing governance.
So first, it's the DeFi sector.
In fact, the major focus is on RWA, with U.S. stocks being on-chain and regulation taking the lead. Today's increase is likely the market pricing in this advance.
This wave of fermentation may continue, after all, regulatory benefits are major positive news, and many funds have yet to realize this. This is not investment advice.
BTC price hits a historic new high!