🕵️♂️ Bitcoin, gold and stocks have mixed market performance after Trump’s victory
Trump was successfully elected as the 47th President of the United States. This political event had a significant impact on the financial market. Especially for riskier assets, Trump’s victory seems to have given them a shot in the arm!
After Trump won the election, Bitcoin's performance was particularly eye-catching, with the price soaring from $68,000 to a record high of nearly $80,000 today, with an increase of more than 15% in just a few days.
It is worth noting that Trump’s leading position in previous polls seems to have paved the way for the rise of Bitcoin, and since the announcement of the victory results, it has repeatedly hit record highs.
On-chain analysis company Santiment tweeted that investors are looking forward to the business-friendly policies that Trump may implement after taking office, which has also increased their confidence in risky assets such as Bitcoin.
At the same time, traditional safe-haven assets such as gold and silver did not perform as expected, falling about 5% at their lowest point. Santiment analysis believes that as market confidence increases, investors are more inclined to invest funds in risky assets such as Bitcoin rather than traditional precious metals.
Observations believe that Trump has been relatively friendly towards cryptocurrencies in the months before he won the election. Therefore, the outside world generally expects him to create a more favorable financial environment for the cryptocurrency market and thereby promote the innovative development of the entire industry. .
This expectation also makes the cryptocurrency industry full of longing for the implementation of new policies in 2025. It is expected that these policies will bring more growth potential to cryptocurrencies such as Bitcoin.
Taken together, Trump’s victory had a positive impact on financial markets, especially the cryptocurrency market. With the second phase of the bull market in full swing, there is reason to believe that Bitcoin’s bullish momentum will continue.
💬Are you surprised by the reaction of financial markets after Trump’s victory? What do you think of the impact of this incident on Bitcoin and other assets? Welcome to share your views in the comment area!
#特朗普胜选 #金融市场反应 #比特币上涨 #股票