In less than a month, Trump will officially return to his familiar White House "throne".
Became the 47th President of the United States.
During Trump's first term, from January 20, 2017 to January 20, 2021,
Bitcoin $ performed extremely strongly, with a cumulative surge of more than 38 times during the period.
During the same period, the S&P 500 index rose by only more than 67%.
In contrast, after Trump was elected,
Bitcoin and US assets then ushered in a round of violent rise
This reflects investors' recognition of the economic growth during his first term.
As well as optimistic expectations for the market outlook and cryptocurrency policies.
Since this year's election day,
That is, from November 5, 2024 to December 26, 2024,
$Bitcoin also performed well, with a cumulative increase of more than 41% during the period.
The US 10-year Treasury bond yield (US10Y.BD) ranked second, up nearly 7%.
The third place $S&P 500 Index (.SPX.US)$ rose by more than 5%,
The $US dollar index (USDindex.FX)$ followed closely behind.
COMEX$Gold Main Contract (2502) (GCmain.US)$ performed poorly, falling by more than 3%.
Market analysis believes that Trump adheres to the principle of "America First".
Focused on promoting the growth of the U.S. economy and the revival of the manufacturing industry,
Pursue more extreme unilateralism, protectionism and isolationism.
His economic strategy relies mainly on imposing tariffs on foreign countries.
Domestically, we will reduce taxes, expel illegal immigrants, relax regulations,
Strengthening traditional energy production and recognition of cryptocurrencies, etc.
This year, Bitcoin has ushered in many historic moments.
Including Bitcoin spot ETF, Bitcoin halving,
The launch of Bitcoin spot ETF options and the arrival of the first "crypto president" in the United States,
"AI and Cryptocurrency Czar", and historically broke the $100,000 mark.
Trump has repeatedly stated during his campaign that
The innovative spirit and autonomy of Bitcoin and cryptocurrency are consistent with America’s core values.
Since his victory, he has created a "cryptocurrency dream team"
Most of the cabinet members are cryptocurrency-friendly.
In addition, at the beginning of this year, Wall Street giants such as BlackRock launched Bitcoin ETFs.
It also laid the foundation for this bull market.
Because, with the launch of the US Bitcoin spot ETF,
It also significantly lowers the threshold for purchasing Bitcoin and expands the channel for capital inflow.
The behavior of large institutions hoarding coins also contributed to the rise in the market.
In the long run, Bitcoin will replace gold.
As the largest reserve asset, Bitcoin is expected to be integrated into the various configurations of institutional investors.
and become part of corporate financial strategies, fundamentally changing the global financial landscape.
Work statement: Personal opinion, for reference only