With less than a month to go, Trump will officially return to the 'throne' of the White House that he is familiar with.
he became the 47th president of the United States.
During Trump's first term, from January 20, 2017, to January 20, 2021,
Bitcoin's performance has been extremely strong, with a cumulative increase of over 38 times during the period.
In contrast, the $S&P 500 index only rose by over 67% during the same period.
Relatively speaking, after Trump's election,
Bitcoin and U.S. assets subsequently welcomed a round of violent increases.
Reflecting investors' recognition of economic growth during his first term.
as well as optimistic expectations for future market prospects and cryptocurrency policies.
Since the election day this year,
from November 5, 2024, to December 26, 2024,
$Bitcoin also performed well, with a cumulative increase of over 41% during the period.
$U.S. 10-Year Treasury Yield (US10Y.BD) ranked second, rising nearly 7%.
The third $S&P 500 index (.SPX.US) rose by over 5%.
$Dollar Index (USDindex.FX) $ followed closely with an increase.
COMEX $Gold Main Continuous (2502) (GCmain.US) performed poorly, falling by over 3%. Market analysis suggests that Trump adheres to the principle of 'America First,'
Emphasizing the promotion of economic growth and the revival of manufacturing in the U.S.
Adopting a more extreme unilateralism, protectionism, and isolationism.
His economic strategy mainly relies on imposing tariffs on foreign goods.
he has focused on tax cuts, deporting illegal immigrants, and deregulation.
Strengthening traditional energy production and recognition of cryptocurrency, among other things.
This year, Bitcoin has welcomed several 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 U.S.
"AI and cryptocurrency czar," historically breaking through the $100,000 mark.
Trump has repeatedly stated during his campaign that
"Bitcoin" and the innovative spirit and autonomy of "cryptocurrency" align with America's core values.
Since his election victory, he has built a 'cryptocurrency dream team.'
Most cabinet members are cryptocurrency-friendly.
Additionally, at the beginning of this year, Wall Street giants like BlackRock launched Bitcoin ETFs.
It has also laid the foundation for this bull market.
Because, with the launch of Bitcoin spot ETF in the U.S.,
It has also significantly lowered the purchasing threshold for Bitcoin and widened the channel for capital inflow.
The behavior of large institutions hoarding coins has also propelled the market rise.
In the long run, Bitcoin will replace gold.
It has become the largest reserve asset, and Bitcoin is expected to be integrated into various allocations of institutional investors.
And it has become part of corporate financial strategies, fundamentally changing the global financial landscape.