How long will you stop investing in crypto? Open your account at Mynt and explore new ways to invest without fear. Click here to unlock your crypto world
"Since the election, the stock market has risen and small business optimism has soared to a record 41 points, a 39-year high," he said. He then also referred to cryptocurrencies: "Bitcoin has broken one record after another."
The politician's statement is corroborated by market analysts. The assessment is that Trump's stance, who has classified himself as a "crypto president" and said he wants to transform the US into the "crypto capital of the world", will be beneficial to the crypto market, encouraging investors.
Want to know the latest news that moves the crypto market? Subscribe to the free Future of Money newsletter!
Bitcoin, for example, surpassed the US$$ 100 thousand mark for the first time weeks after Trump's victory. Other cryptocurrencies have also set record prices and have seen strong gains in value over the past three months, driven by investor optimism.
One of the president's campaign promises that most excited investors is the creation of a strategic reserve of bitcoin. The measure would involve the accumulation of significant amounts of the cryptocurrency, increasing demand for the asset and potentially boosting its price.
#TrumpMarketInsights #bitcoin #solana #eth
"Since the election, the stock market has risen and small business optimism has soared to a record 41 points, a 39-year high," he said. He then also referred to cryptocurrencies: "Bitcoin has broken one record after another."
The politician's statement is corroborated by market analysts. The assessment is that Trump's stance, who has classified himself as a "crypto president" and said he wants to transform the US into the "crypto capital of the world", will be beneficial to the crypto market, encouraging investors.
Want to know the latest news that moves the crypto market? Subscribe to the free Future of Money newsletter!
Bitcoin, for example, surpassed the US$$ 100 thousand mark for the first time weeks after Trump's victory. Other cryptocurrencies have also set record prices and have seen strong gains in value over the past three months, driven by investor optimism.
One of the president's campaign promises that most excited investors is the creation of a strategic reserve of bitcoin. The measure would involve the accumulation of significant amounts of the cryptocurrency, increasing demand for the asset and potentially boosting its price.
#TrumpMarketInsights #bitcoin #solana #eth