📈 Trump Wins and Crypto's On Fire: Here’s the Market Lowdown đŸ”„

#Binance Research just dropped a juicy market report post-Trump win, and it's a rollercoaster. Let’s dive into the highlights:

Crypto’s Having a Party: $BTC hit a new ATH, dragging altcoins and memecoins along for the ride. Trump’s pro-crypto vibe (thanks to his NFT collections and ties with World Liberty Financial) has many cheering. 🚀

Stock Market Love Fest: S&P 500’s headed for a record high, with investors buzzing over deregulation, tax cuts, and increased government spending. Equity markets be like, “Thank you, Mr. Trump.” 💾

Higher Treasury Yields, Here We Go: The 10-year yield is up to 4.5%. Translation: potential inflation spike incoming. Great for some, not so much for others. 📈😅

USD Bulking Up: Stronger dollar alert. Higher inflation → higher interest rates → dollar gains. Simple math, but not everyone’s happy. đŸ’ȘđŸ’”

China Feels the Chill: China’s H-shares are down, the yuan dropped 1% against the USD, and the Hang Seng index is taking a 2.6% hit. Ouch. 😬

Looking Ahead:đŸ’»đŸ‘€

▶ Short-term: Get ready for some wild moves. Volatility and liquidations are probably lurking in the shadows.

▶ Medium-term: More spending, lower taxes, maybe some friendly regulations? Could be a sweet spot for crypto!

▶ The Fed’s Big Day: FOMC meeting on Thursday. Most expect a 0.25% rate cut, but further cuts might slow down if inflation decides to crash the party.

Hold on tight, it’s going to be a wild one! 🎱