11/07/2024: Trump wins the election?
Trump winning the election is a beneficial event for the crypto market. But everything seems to happen unexpectedly and too suddenly.
#BTC☀ has a big increase above 76k, eth has achieved good growth. The stock market has grown slightly. The gold market has decreased slightly.
There are still many things to ponder here.
I never thought the market would grow further at this time, because the BTC valuation is too high at the moment. All the signs are too good, Trump won the election, the time of the interest rate cut meeting, ...
From a macro perspective, such as a general economic recession, unresolved war conflicts, supply chain congestion due to sanctions, and uncontrollable war in the Middle East. The possibility of Trump imposing tariffs on imported goods, tensions between the two Koreas, etc. It is really necessary to wait until Trump takes office and comes up with policies or solutions to resolve the current deadlock.