With Trump's victory, the Republican Party swept both the House and Senate; since November, the market had been immersed in the 'Trump trade.' However, after the U.S. released October CPI inflation and other economic data, as well as hawkish remarks from Federal Reserve officials, the market began to gradually shift towards the 'gold trade.'

U.S. stocks, the dollar, and U.S. bonds all fell collectively, while gold also plummeted nearly 10%; currently, Bitcoin is also oscillating at a high level without showing a significant downward trend, but it has also lost the strength it had during the election!