Trump's victory ignites the crypto market, Bitcoin soars, and hedge funds like Galaxy Digital reap huge profits!
Click on the avatar to watch live and catch the bull market!
Since Trump's election in November, Bitcoin has experienced a rapid rise, driving the entire crypto market into a bull market. Bitcoin has increased by 130% since the beginning of the year, with its market value surpassing the $100,000 mark, pushing the total market capitalization of the crypto market to $3.5 trillion.
Crypto financial companies like Galaxy Digital and Brevan Howard have become the biggest beneficiaries, especially with the surge in value of small digital tokens driven by Trump's victory.
However, the market has slightly retracted this week due to the Federal Reserve hinting that next year's interest rate hikes may be lower than expected, putting pressure on high-risk assets. Compared to the conservative stance of the Biden administration, investors are more hopeful that Trump’s policies will be more favorable towards cryptocurrencies, further boosting the market.
Click on the avatar to watch live and catch the bull market!