In recent days, the cryptocurrency market has been as unpredictable as a government shutdown in the United States. There are reports that the U.S. government is about to close its doors due to stalled spending negotiations, which historically has impacted the market in various ways. With the short-term expectations of market participants dashed, Arthur Hayes believes that the cryptocurrency market will experience a "bleak decline" around the time of Trump's inauguration. However, the crypto community is holding its breath, as Trump's ascension may trigger a legendary "God Candle" movement (note: "God Candle" refers to a significant price increase within a single day, overshadowing surrounding activity on the price chart), suggesting that the current market lull is merely a temporary calm, part of a bear market phase in a larger bull market cycle. If the U.S. resolves its budget issues for 2025 and Trump implements several Bitcoin-focused strategies to encourage the market, Bitcoin could see a significant resurgence. Of course, the immediate price movement of Bitcoin remains unclear. Whether Trump's inauguration will usher in the anticipated cryptocurrency market boom is still uncertain. (News.bitcoin)

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