$BTC 📉 Market expectations after Trump's victory and its impact on Bitcoin and US stocks
The famous saying in the financial markets "sell after the news is done" refers to the possibility of assets declining after the release of positive news. This rule appeared previously when Bitcoin fell by 22% after the launch of exchange-traded funds (ETFs) in the United States, but it seems that a significant decline in Bitcoin with Trump's return to the White House is not expected.
✅ President Trump has gained the support of the cryptocurrency community for some time, and promised to launch projects and support Bitcoin, such as creating a strategic reserve for the digital currency and launching the World Liberty Financial project, but despite this support, Bitcoin did not witness a significant rise, which weakens the possibility of a strong correction after his victory.
📈 In the US stock market, the major indices closed with a significant increase:
The Dow Jones index rose by 3.58%.
The Standard & Poor's 500 index gained by 2.55%.
Some prominent stocks, such as Goldman Sachs and JPMorgan, rose more than 10%.
🚨 With Trump's victory, the market could see changes in interest rates and bond prices, which could impact the dollar and other assets.