Will the Trump effect last for four years? Trump will officially move into the White House on the 20th of next month. What kind of storm will it bring to the crypto space?
● Since Trump's victory, the crypto market has seemingly been injected with strong momentum, initiating a remarkable bull market. The price of Bitcoin has soared, breaking through the $108,000 barrier.
● WLFI (Trump family concept) has reserved these crypto assets:
#ETH, #WBTC, #AAVE, #LINK, #ENA, #ONDO
Among them, five are on the Ethereum chain!
● Trump has made the following ten commitments regarding the impact on the crypto space before and after the election. If he can deliver on them after taking office, how high will BTC rise? (Some of these have already been gradually realized)
Transform the United States into the world's cryptocurrency capital.
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Fire SEC Chairman Gensler.
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Establish a national financial strategy for Bitcoin reserves.
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Prevent the U.S. from selling its held Bitcoin.
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Stop the U.S. government from further developing CBDC.
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Propose a comprehensive crypto policy.
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Cease the crackdown on cryptocurrencies within one hour of taking office.
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End the illegal suppression of the crypto industry in the U.S.
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Suggest using cryptocurrency to solve the U.S. debt problem.
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Settle all ongoing cryptocurrency lawsuits.
● Trump's election victory was supported by Elon Musk, the world's richest person. Both are pro-cryptocurrency and among the most influential figures in the crypto space—one being the richest in the world, and the other one of the most powerful. Trump might elevate the crypto space to a new height during his four years in office, and #BTC may surpass $200,000 next year.
● The Trump effect on the cryptocurrency market may last for some time, but the exact duration is difficult to predict due to the high volatility of the cryptocurrency market influenced by various factors. Although Trump's policy support has a positive impact on the market, the market's response also depends on various factors, including global economic conditions, changes in the regulatory environment, and other political and economic events.
