Donald Trump's Inauguration Day Could Mark the Peak of Cryptocurrency

Donald Trump's inauguration day on January 20, 2025, could have a significant impact on the cryptocurrency market, particularly Bitcoin. According to historical data on market performance during election years, there is often a strong surge in cryptocurrency right after the elected president wins. However, this momentum may decrease after the inauguration day. Analysts have pointed out that Bitcoin typically undergoes a period of correction following the inauguration ceremony. In the past, Bitcoin's price has recorded strong increases, but there has also been a downtrend correction of about 30% before reaching a new cycle peak.

Current predictions suggest that Bitcoin could reach $100,000 or higher by the time Trump is inaugurated, thanks to market excitement and favorable political factors. Trump has expressed support for the cryptocurrency industry, promising to restore friendlier policies and potentially turn the U.S. into a Bitcoin mining hub. However, there are also opinions that investors need to be cautious of short-term corrections against the backdrop of the overall market growth.