The cryptocurrency market often slows down after the presidential inauguration

The cryptocurrency market often slows down after the presidential inauguration, as has been recorded in history. Data from Bloomberg and Macrobond Financial shows that after presidential elections in the U.S., financial markets, including Bitcoin and other cryptocurrencies, often experience a strong surge immediately after the elections but tend to cool down when the president officially takes office. This is particularly true when the elected president comes from the Republican Party, which is often thought to support the business environment, leading to a market boom right after the election.

It is forecasted that after Donald Trump's inauguration on January 20, 2025, the cryptocurrency market may face a slowdown in bullish momentum. Analysts have pointed out the possibility of a 30% price correction for Bitcoin before a new growth cycle begins. Changes in oversight and enforcement of cryptocurrency policies under the new administration may also impact the momentum and development of this market in the near future.