Crypto Spot ETF
- 1327.201
- +103.429+8.45%
"Trump 2.0", why is bitcoin skyrocketing while gold is plummeting.
Analysis suggests that 'Trump 2.0' may lean towards a 'small government' ideology, reducing government intervention and avoiding expansionary fiscal expenditures, which is bullish for bitcoin as a 'decentralized' asset. This cautious fiscal style also suppresses the safe-haven properties of gold, weakening its attractiveness as a hedge asset.
Across the board breakthrough! Last night, these four numbers interpreted the "Trump trade".
1) 350, 6000, 44000, 88000 - Do you know the meaning of these series of numbers? 2) They represent the integer positions reached by Tesla, s&p 500 index, Dow Jones, and Bitcoin respectively yesterday's breakthrough.
The US dollar, bitcoin, and Tesla are surging! Investors are all in on the 'Trump trade'.
The 'Trump trade' is causing a new wave, the dollar hitting a more than four-month high, non-US currencies under pressure; Bitcoin is unstoppable, aiming for the milestone of 0.1 million US dollars before the end of the year; Tesla, since the election day, has seen an almost absurdly large rebound of 39%.
Express News | Trump is looking for candidates to support cryptos for financial institutions.
Bitcoin skyrocketed to over 88,000 dollars, with traders betting it will break 100,000 dollars before the end of the year.
Bitcoin hits a new high in the "undeniable bull market", it is reported that Trump is preparing to have the US government take a more lenient stance on cryptos, he is looking for key candidates friendly to the crypto industry.
Witness history! Bitcoin breaks through $89,000, cryptos concept stocks soar across the board.
Digital currencies started to surge fiercely over the weekend and continued to accelerate on Monday. The top digital currencies by market cap all skyrocketed. Ethereum and Solana both saw a cumulative increase of about 40% in the past 7 days, higher than Bitcoin's 31%. Dogecoin, supported by Musk, doubled in value over the week. Major Bitcoin holder MicroStrategy stated that it spent approximately $2.03 billion to buy around 0.0272 million bitcoins, marking the largest purchase since December 2020. Blackrock's Bitcoin ETF IBIT has an asset under management exceeding one of the largest gold ETFs, IAU.
Institutions are betting that it will rise to $0.2 million next year! Bitcoin made a historic breakthrough of $0.084 million, is the "cryptos gold era" officially beginning?
Although just broke through $0.083 million, Wall Street bulls clearly believe that the upward trend of bitcoin is not over yet.
Latest cryptos news | The crypto community is jubilant as bitcoin breaks through $0.081 million, setting a new record high; institutions: bitcoin may rise to $0.1 million when Trump officially takes office.
According to CNBC, Fadi Aboualfa, the research director of the crypto custody company Copper.co, believes that by January 20, 2025, when Trump takes office as president, the price of bitcoin may reach $0.1 million. He added that these increases are occurring "against the backdrop of a weak dollar, unlike the strong dollar environment we see today".
Bitcoin $0.08 million is far from the end! Wall Street bulls are shouting the next target price: $0.12 million!
①Trump's victory in the usa election has made many bitcoin bulls see the arrival of the "cryptos gold era", already eager to predict how high this round of bitcoin's rise can reach; ②Ned Davis Research and Standard Chartered banks have raised the target price of bitcoin to $0.12 million, while the CEO of leading asset management company VanEck even called out a price of $0.3 million.
Bitcoin broke through $0.081 million, will the currency circle's expectation be a continuous rise until the "Trump inauguration ceremony"?
Standard Chartered predicts that bitcoin will easily reach $0.09 million by November 29 and $0.1 million by December 27. Meanwhile, the financial blog Zerohedge expects bitcoin to hit $0.125 million by the end of the year. If this is not achieved by December 31, it is likely to reach it before Trump's inauguration on January 20. Another important date to watch is December 10, when the Microsoft board of directors will vote on whether to invest in bitcoin.
Historical high! Bitcoin surpassed $0.08 million, with Trump as the biggest driving force?
After Trump's election victory, the cryptocurrency frenzy is still making history!
Hitting a new all-time high again! Bitcoin once approached the $80,000 mark, what happened?
Cryptos are considered part of the 'Trump Trade' phenomenon. Since the election began, investors in the crypto market have been betting on Trump's victory, resulting in a significant rise across the crypto board and a fervent trading atmosphere in the market.
Latest cryptos news | Bitcoin maintains a high of $76,000, Ethereum approaches the $3,000 mark; JPMorgan: Bitcoin will continue to benefit from Trump's victory in the next eight weeks or so.
According to an official press release, Detroit will become the largest city in the USA to accept cryptos as payment. Starting from the mid-2025, local residents can use cryptos to pay taxes, fees, and other municipal expenses through a secure platform managed by paypal.
Trump will bring good news to the coin circle! Bitcoin may aim at $0.1 million?
Trump has promised to introduce several measures supporting cryptos, which will become the main catalyst for the future of bitcoin. A target price of 0.1 million dollars may now be reasonable.
USA welcomes its first 'crypto president'! Bitcoin skyrocketing all the way to hit a new all-time high, will the new round of bull market in the crypto circle begin?
The market believes that, given Trump's promise to make the USA a "bitcoin superpower" and to implement relaxed regulations to promote the development of the cryptos industry, Trump's second term seems to be more advantageous for the cryptos industry.
Can it be cashed? Review of Trump's promises to bitcoin: dismiss the SEC chairman, make the usa the world's encryption center.
On November 6, 2024, the dust of the USA general election settled. With the key swing state of Pennsylvania turning red, bitcoin hit a historical high of $75,000. Donald Trump is basically confirmed to take the position of USA President again, just like 8 years ago. In order to win this election, Trump went all out to court the cryptocurrency industry professionals during his campaign, becoming a staunch supporter of bitcoin. At the Bitcoin 2024 conference held in Nashville in July this year, Trump made an appearance and delivered a nearly 1-hour speech. Although it was delayed by 1 hour from the original scheduled time, the tens of thousands of audience members were still highly emotional in Trump's uniquely charismatic speech. This was Trump's commitment to bitcoin, and now it's time for him to fulfill that promise. On the day of bitcoin's historical high, let's review this speech together and see what commitments Trump made to bitcoin.
Latest crypto news | Bitcoin once again hits an all-time high, becoming the ninth largest asset by market cap globally; Standard Chartered Bank: Bitcoin is expected to reach $0.125 million by the end of this year if Trump wins the election.
Bitcoin hits a new all-time high again, reaching $0.0756 million per unit, driving the global cryptocurrency market cap past $2.6 trillion, with Bitcoin's market cap at $1.495 trillion.
November 6th BTC/ETH spot etf net inflow situation, IBIT trading volume reached 4.1 billion US dollars
Yesterday (November 6), the net inflow of the US bitcoin spot ETF was 0.6219 billion USD; the net inflow of the US ethereum spot ETF was 52.29 million USD, with IBIT trading volume reaching 4.1 billion USD, hitting a record high.
With the arrival of the Trump 2.0 era, what big changes will the technology industry in the USA face?
①Without a doubt, Musk will be the biggest beneficiary; ②With the heads of the SEC and FTC being 'fired', the cryptos industry, technology giants such as Apple, are expected to see a bullish trend; ③Google will be an exception.
Trump's victory sparked a frenzy of rotation in US stocks: bank stocks soared, stock indices rose by more than 10%, energy stocks surged, and photovoltaic stocks collapsed.
Benefiting from expectations of relaxed financial regulation, major US banks such as Goldman Sachs, JPMorgan, and Morgan Stanley all rose by more than 10%; renewable energy stocks plummeted, with solar energy stocks like Sunrun falling by at least 10%; Bitcoin hitting a record high drove up the overall crypto concept stocks, with the largest US crypto exchange Coinbase closing up by 31%.