HISTORICAL PERIOD FOR BITCOIN AND CRYPTO MARKET: NASDAQ AND TRUMP EFFECT
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MicroStrategy will be included in the Nasdaq-100 Index on December 23, 2024. This development is considered as a result of the increase in the value of the shares thanks to the company's huge Bitcoin investments (Reuters, 2024). This situation once again shows that the crypto market is increasingly important in the financial world.
Donald Trump's intention to consider Bitcoin as a strategic reserve for the USA and to make the country a leader in the crypto sector has had a great impact on the market (El País, 2024). Following this statement, Bitcoin's value exceeded $ 100,000 and it is anticipated that there may be a temporary contraction in the altcoin market (WSJ, 2024). However, in the long term, crypto assets are expected to integrate more with the traditional financial system.
The fact that the Trump family's blockchain project WLFI doubled its Ethereum assets to $ 75 million in total is an indication that it may create significant opportunities for altcoins in the future.
Conclusion: MicroStrategy's inclusion in Nasdaq and the positive signals from the Trump administration indicate that the crypto market will experience a new boom period in the next 5-10 years. This process offers great opportunities for individual and institutional investors.
References
• Reuters. (2024). MicroStrategy secures Nasdaq-100 inclusion after Bitcoin-fueled stock surge.
• El País. (2024). Trump's strategic Bitcoin reserve and its implications.
• WSJ. (2024). Bitcoin Hits $100,000, Lifted by Crypto-Friendly Policies.