Bitcoin breaks through the $76,000 level! Record high update, with the return of the Trump administration, a tailwind blows in the cryptocurrency industry!
ドナルド・トランプ氏がホワイトハウスに返り咲くことで、「MAGA（米国を再び偉大に）」という同氏のスローガンを反映した10年にわたる投資戦略に新たな弾みをつけ、2016年のプレーブックを再現させている。
トランプ氏が勝利に向けて突き進む中、 $Bitcoin (BTC.CC)$の価格は6日、一時0.07 million6000ドルを超え、過去最高値を更新、世界の仮想通貨の時価総額を2 trillion600 billionドルに押し上げた。同時に、ビットコインは $Meta Platforms (META.US)$を抜いて時価総額で世界第9位の資産. $Ethereum (ETH.CC)$Also rising, it surpassed $2,900 today.There is a growing expectation in the market for a policy shift favorable to cryptocurrencies.
On the other hand, following the victory of Mr. Donald Trump in the U.S. presidential election,The 'Trump Trade' rapidly spread in the financial markets, following his victory.The movement of virtual currency-related stocks has also been affected. Major cryptocurrency exchanges $Coinbase (COIN.US)$、 $Cipher Mining (CIFR.US)$The stock price of Rising more than 30%.、 $Riot Platforms (RIOT.US)$、 $TeraWulf (WULF.US)$、 $Iris Energy (IREN.US)$The stock price of Rising more than 20%.major cryptocurrency holding companies $MicroStrategy (MSTR.US)$Also,Increased by over 13%.In addition, $Trump Media & Technology (DJT.US)$、 $iShares Bitcoin Trust (IBIT.US)$、 $NVIDIA (NVDA.US)$、 $Tesla (TSLA.US)$Stocks such as those have also gained high popularity.
Mr. Trump has emphasized the position of cryptocurrency many times. Formerly skeptical of cryptocurrency, he has now He stated, "I will make the USA the capital of cryptocurrency and a superpower of Bitcoin," clearly showing support for the industry.Received tens of millions of dollars in support from the industry for Republican candidates.
Mr. TrumpHe promised to ensure that Bitcoin is mined, minted, and manufactured in the USA, making the USA the only major country for Bitcoin mining in the world.To support Bitcoin mining and other technological developments, he plans to construct a large number of power generation facilities.
Regarding cryptocurrency regulation and policy, Trump stated on his first day in office that he would dismiss current US Securities and Exchange Commission (SEC) Chairman Gary Gensler, and promised to ensure thorough Bitcoin mining in the USA. He alsopledged to end the suppression of cryptocurrency by the Biden-Harris administration and promote the industry through transparent regulations.。
Co-founder of Ordinallsbot, Toby Lewis, said, "The cryptocurrency market was eagerly awaiting Trump's victory. By planning to standardize bitcoin, clearly showing the intention of dismissing Gensler, and offering preferential measures for cryptocurrencies in general, a better environment for cryptocurrencies is expected to be established in the USA."
Anatoly Crachilov, CEO of Nickel Digital, remarked, "The sharp rise in bitcoin reflects the market's expectations for constructive cryptocurrency policy by the next president and his technocrat team. This change signifies the end of regulation by enforcement and will likely create new opportunities for the USA to establish itself as a global leader in the digital asset field."
Timo Leitz, co-founder of Swarm Markets, stated, "In the cryptocurrency market, Trump is seen as much more favorable to this field than Vice President Harris. Reflecting on the past four years of the Biden administration, one can understand how cryptocurrencies have been treated by the Democratic Party."
Cryptocurrency analyst Matsushima at Monex Securities believes that the one-sided regulation situation will improve in the future. He sees a significant increase in Bitcoin prices towards the end of 2024. On the other hand, he also points out the need to discount how much cryptocurrency promotion will actually be driven by Mr. Trump's statements, which include election performance.
Looking at history, Bitcoin has seen bullish markets occur every US presidential election. So, will this trend continue next time? Many analysts predict that Bitcoin will break its all-time high.There is a possibility that it will surpass $0.1 million by the end of the year.I think.
Jeff Kendrick, an analyst at Standard Chartered Bank, predicts that the price of Bitcoin will rise by another 10% in the next few days and reach $0.125 million by the end of the year.
Analysts at Barclays suggest that the price of Bitcoin could reach $0.08 million to $0.09 million. In addition, Jeff Park, Chief Alpha Strategy Officer at cryptocurrency management company Bitwise, forecasts the possibility of Bitcoin's price reaching $0.092 million.
According to a BTC price prediction report from Barclays Research Institute, there is a possibility that the price of Bitcoin will reach $0.2 million by the end of 2025. The founder of BTC's Stock-to-Flow (S2F) model, PlanB, boldly predicts that the price of Bitcoin could reach $1 million.
The cryptocurrency market expects a Trump victory to contribute to policies that will promote cryptocurrency investments. Also, during Mr. Trump's previous term, with the impact of a weaker dollar, Bitcoin reached two record highs.
The Federal Reserve Board (FRB) decided to cut interest rates by 0.25 points at the Federal Open Market Committee (FOMC) meeting, which lasted until the 7th.Following the 0.5-point rate cut implemented in September, the Federal Fund (FF) interest rate target will decrease to 4.50-4.75% with this decision.
This could increase liquidity in the market, attracting more funds to cryptocurrencies like Bitcoin, potentially supporting the price of Bitcoin.
This article uses automatic translation in some parts.
Source: Nikkei, Bloomberg, Dow Jones
ーMoomoo news Kouchi
Source: Nikkei, Bloomberg, Dow Jones
ーMoomoo news Kouchi
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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