Cryptocurrency hedge funds enjoy huge profits after Trump's victory

After President Trump's victory, cryptocurrency hedge funds recorded huge profits thanks to the increase in the value of Bitcoin and optimistic expectations about his cryptocurrency policy. Bitcoin price has reached nearly 90,000 USD/BTC, leading to record inflows into Bitcoin ETFs and Ether ETFs, with around 6.5 billion USD by November 2024, showing strong growth in the investors' interest.

The total value of the cryptocurrency market has increased by about $1 trillion since Mr. Trump took office, while his pledges of regulatory reform have stimulated a wave of investment in cryptocurrencies. Optimism about establishing a national Bitcoin reserve has boosted market sentiment, although there are warnings that such optimism may be overblown.

Investors' move to digital assets is at the right time, as the regulatory environment is expected to become more favorable for cryptocurrencies, encouraging more people to pour money into these investments in the near future. context of rising prices.