Donald Trump's Overtures Mean The Bitcoin Price May Be Tied To The Outcome Of 2024 Election: Jefferies
Donald Trump's Overtures Mean The Bitcoin Price May Be Tied To The Outcome Of 2024 Election: Jefferies
Investment bank Jefferies termed the recent Bitcoin (CRYPTO: BTC) Conference, where former President Donald Trump pledged to "fire Gary Gensler," a turning point in the industry's relationship with Washington.
投資銀行傑富瑞稱最近的比特幣(CRYPTO: BTC) 會議是行業與華盛頓關係的轉折點，前總統唐納德·特朗普承諾"解僱加里·根斯勒"。
What Happened: "His overtures to the industry to install crypto-friendly regulators may have the effect of near-term BTC price being tied to the outcome of the U.S. presidential election," said Jefferies analysts Jonathan Petersen and Joe Dickstein.
發生了什麼："他對行業提出的設立友好加密貨幣監管者的建議可能導致短期比特幣價格與美國總統選舉的結果息息相關，" 傑富瑞分析師喬納森·彼得森和喬·迪克斯坦表示。
Trump's promises to maintain a strategic Bitcoin reserve, appoint pro-crypto regulators and establish a presidential advisory council for the industry have sent shockwaves through the market.
特朗普實現保留比特幣儲備、任命親加密貨幣的監管者和成立總統諮詢委員會的承諾已在市場上引起了軒然大波。
While this newfound political support is a recent development, its impact on Bitcoin's price could be significant, especially as the US heads towards a presidential election.
雖然這種新政治支持是最近才出現的，但它對比特幣價格的影響可能是重大的，尤其是在美國即將迎來總統選舉之際。
On the mining front, the post-halving landscape is shaping up differently than initially anticipated, according to Jefferies.
據傑富瑞稱，挖礦方面，減半後的局面正在以初步預期不同的方式發展。
Also Read: Bitcoin Drops Below $67,000: What Is Going On With Bitcoin, Ethereum ETFs?
還閱讀：比特幣跌破67000美元：比特幣、以太幣ETFs究竟怎麼了？
Bitcoin's price has increased by around 5% since the halving in April, while the network's hashrate has declined by 8% over May and June.
自四月份減半以來，比特幣價格已經上漲約5%，而網絡算力在5月和6月份下降了8%。
This has led to improved profitability for miners, although revenue per unit of computing power (exahash) is still down by 40-45%.
這導致了礦工的利潤率提高，儘管計算能力（艾哈希）的收入仍下降了40-45%。
Despite these challenges, major mining companies are continuing to invest in expanding their operations. However, the industry is also undergoing a consolidation phase.
儘管面臨這些挑戰，主要的礦業公司仍在繼續投資擴大業務。然而，該行業也正在經歷一種整合階段。
Recent deals, such as CleanSpark's (NASDAQ:CLSK) acquisition of GRIID and Riot Platforms' (NASDAQ:RIOT) bid for Bitfarm (NASDAQ:BITF), which was rejected, highlight the growing importance of access to cheap energy in the mining sector.
最近的交易，如CleanSpark（納斯達克股票代碼：CLSK）收購GRIID和Riot Platforms（納斯達克股票代碼：RIOT）對比特農場（納斯達克股票代碼：BITF）的競購，這被拒絕，突顯了在礦業板塊中獲取廉價能源的日益重要。
"Access to power is far more valuable than the mining fleets," Jefferies noted.
傑富瑞指出: "獲取電力比採礦機隊更有價值。"
What's Next: The upcoming Benzinga Future of Digital Assets event on Nov. 19 will provide a platform to delve deeper into these trends and discuss their implications for the future of the cryptocurrency market.
接下來會在11月19日的Benzinga 數字資產的未來事件上提供一個平台，以深入探討這些趨勢，並討論它們對加密貨幣市場未來的影響。
- Four Arrested In Kyiv For Brutal Bitcoin-Related Kidnapping And Murder
- 在基輔，因殘忍的比特幣相關綁架和謀殺案，已經逮捕了四個人。
Image: Shutterstock
圖片：shutterstock