$BTC
Amidst the turbulence in the global market, cryptocurrencies have also experienced a rollercoaster ride. The correlation between digital assets like Bitcoin and traditional financial assets is becoming increasingly strong!
• Trump's attitude towards cryptocurrencies: Recently, Trump stated that he would use cryptocurrencies to do "some great things" and aims to become a leader in the industry. This positive attitude could have a favorable impact on market sentiment.
• Market technical analysis: 10x Research predicts that based on the accuracy of trading models, Bitcoin could soar to $120,000 by January 20, 2025, when Trump takes office.
In summary, today’s rebound in digital currencies is related to multiple factors such as enhanced market confidence, capital inflow, policy expectations, and market technical analysis. These factors collectively drive the rebound in the digital currency market.