CoinVoice has recently learned that the rise of the 'Trump trade' in November has become the dominant factor driving global market trends. According to 4E monitoring, all three major U.S. stock indices rose last week, with weekly gains exceeding 1%. In November, the Dow Jones rose by 7.5% and the S&P 500 by 5.7%, both achieving their largest single-month gains of the year, while the Nasdaq accumulated an increase of over 6%. Large tech stocks generally saw gains, with Tesla rising over 38% in November, marking its best performance in nearly two years, and Nvidia accumulating a 179.23% increase this year. Year-to-date, the S&P 500 index has risen over 27%; last year, this index rose by 24%, leading to differing views on the outlook for U.S. stocks. The cryptocurrency market performed brightly in November, attracting widespread global attention. Bitcoin's monthly increase exceeded 37%, while Ethereum's increase reached 54%. Altcoins experienced significant surges at the end of the month, with market shares continuously expanding. Bitcoin's market share has fallen by 8.15% from the peak of this bull market (61.78% on November 21), while the total market capitalization of altcoins rose nearly 70% in November. Historical data shows that Bitcoin typically has significant monthly increases in December, and with many members of Trump's cabinet being cryptocurrency investors, bullish sentiment in the market is strong. In terms of major foreign exchange, the dollar fell by 1.67% last week, ending an eight-week streak of gains, while accumulating a 1.72% increase in November. The 'Trump trade' boosted the dollar in November, hindering gold's upward momentum and triggering sell-offs after the election; spot gold fell approximately 3.7% in November, marking the largest monthly decline since September last year. Oil prices continued to decline last week, with a weekly drop of over 3%. In recent weeks, investors have focused on many of Trump's economic policies, but at the same time, the changes in expectations for Fed rate cuts have been quite subtle. Although the market anticipates an increased probability of continued rate cuts in December, the room for rate cuts in 2025 is continuously decreasing. The concept of 'near increases and far decreases' largely reflects the anxiety about the potential resurgence of inflation under Trump's administration in the future. The speeches by Powell on Thursday and the non-farm payroll data on Friday will largely set the tone for year-end rate cuts. eeee.com is a financial trading platform supporting assets such as cryptocurrencies, stock indices, precious metals like gold, and foreign exchange. Recently, it launched a USDT stablecoin wealth management product with an annualized return rate of 5.5%, providing potential hedging options for investors. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely. [Original link]

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