Odaily Planet Daily News: With Trump winning the US presidential election, analysts at JPMorgan Chase expect both gold and Bitcoin to perform well and highlight the "depreciation trade". "Depreciation trade" refers to an investment strategy that benefits from currency depreciation or weakness, usually due to inflation or expansionary fiscal policy. In this trade, investors buy assets such as gold and Bitcoin, which are seen as a store of value and can maintain their value even if the purchasing power of the currency declines. Analysts pointed out that retail investors are also supporting gold and Bitcoin, and investment in gold and Bitcoin ETFs has increased since last summer. They added that this trend will continue until 2025, and Trump's policies may support both assets. In addition to Trump's policies, analysts said that Bitcoin may also get further impetus from MicroStrategy. MicroStrategy has announced an aggressive Bitcoin acquisition plan through its "21/21 Plan". The plan involves raising $42 billion in funds over the next three years, half of which ($21 billion) will come from equity and the other half ($21 billion) will come from fixed income securities. "In 2025 alone, MicroStrategy will invest $10 billion in Bitcoin, which is roughly equal to the total amount it has accumulated since mid-2020," the analyst said. (The Block)

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