$100,000 is by no means the apex of BTC in this round of bull market.
The main upward trend of the larger bull market will come after Trump enters the White House.
Trump specifically appointed David Sacks as his artificial intelligence and cryptocurrency czar, a newly established position that demonstrates the determination of the US president-elect to promote these two rapidly developing fields.
The recent continuous rise of US stocks has also driven funds into the cryptocurrency circle and spot ETFs.
The main driving force behind the excellent performance of US stocks is the lack of profit growth outside the United States. This enthusiasm for US stocks has pushed valuations to extremes. The expected returns of the top 10 stocks by market value are 30 times, and the valuation of the entire market is much higher than the average.
From real estate, stocks to financial management, China currently has no investment products suitable for ordinary people and are not friendly to ordinary investors. However, the field of digital currency investment has opened up another investment channel for Chinese retail investors. At present, there are nearly 30 million Chinese users in the entire cryptocurrency circle. If there are changes in national policies in the future, this base will increase further. $BTC #比特币重返10W大关