#BitwiseBitcoinETF "Digital gold" - Bitcoin - and altcoins (all other cryptocurrencies and tokens) demonstrated rapid growth even before the US elections. And the election of the favorite of the American crypto community, Trump, as the next president accelerated this process even more. Nevertheless, everyone is sure that such a rally will certainly end with a fall in quotes. And then - with a new growth to even greater limits. And so on in a circle.
Yes, cryptocurrencies are a speculative and very unstable asset. This is a "demand bubble" that will "burst" and recover many more times. This is a "bubble", which, however, is unlikely to ever completely burst, because crypto is already very actively used around the world. At each turn in this "spiral of speculation", citizens and the state can earn very well.