Trump's comeback boosts Bitcoin surge, market triggers widespread optimism!

With Donald Trump winning the 2024 U.S. election, Bitcoin soared to a new high of $81,792.4, igniting global investor optimism. Trump's pro-crypto stance suggests more supportive policies, committing to make the U.S. the "global crypto capital".

Policy driving force: Expectations of regulatory easing

Trump promised to support cryptocurrencies during his campaign, and is expected to adopt more lenient policies, providing greater flexibility for digital assets. The SEC may take a lenient stance: The market is betting that under the new government leadership, the U.S. Securities and Exchange Commission will adopt a more favorable attitude towards cryptocurrencies, a change that could drive further institutional capital inflow.

Market performance: Bitcoin and other crypto assets surge

Bitcoin's rise has also led to an increase in other assets, including Dogecoin, which even hit a three-year high. Investor sentiment is high, and the overall demand for digital assets is strong, leading to widespread capital inflow.

ETF inflows reach historic highs

Expectations of Trump’s presidency have incentivized a large number of institutional investors, with Bitcoin ETF inflows reaching $1.38 billion as of last Thursday. BlackRock's iShares Bitcoin Trust has total assets exceeding those of gold ETFs, reflecting the increased recognition of Bitcoin's status as "digital gold".

The path of "digital gold": Institutional investors turn to Bitcoin

Bitcoin's fixed supply and deflationary nature increase its appeal as a hedge against inflation and a store of value. The comparison of funds between gold and Bitcoin further illustrates the shift in investor preferences. If Trump's policies are realized, it will further strengthen Bitcoin's position as a safe-haven asset during economic uncertainty.

Future outlook and risks

Market sentiment is strong, with the "Fear-Greed Index" showing "extreme greed", but this has also triggered a cautious attitude among some analysts, possibly indicating signs of market overbuying. Investors should pay attention to potential risks, such as unforeseen regulatory hurdles and market volatility. Additionally, the rise of other crypto assets may bring about a slight adjustment in capital flows, but Bitcoin's dominant position is unlikely to be shaken in the short term. #BTC挑战8W2大关 #BTC走势预测 #BTC翻倍之路 #BTC15万 #BTC☀