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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 sparks a rally in the US dollar! US stocks and bitcoin hit new highs, with the Dow rising 1500 points, small cap stocks surging, while US bonds and metals plummet.
Dow rises to the best level in two years, small cap index rises nearly 6%, banking stocks rise over 10%, oil, steel, and crypto stocks surge, European and American solar stocks all collapse, Trump media technology rises by almost 35% before closing up by about 6%, Tesla rises by nearly 15% to a two-year high, Qualcomm rises by 10% after the bell. Chinese concept stocks narrow their declines, NIO Inc and Zeekr drop over 5%. 10-year US Treasury yield rises the most by 20 basis points nearing 4.48%, reaching a four-month high along with a 1.7% rise breaking 105 in the USD index, Bitcoin rises by 9% nearing $0.076 million, offshore RMB drops by a thousand points to below 7.20, a three-month low, Euro and Yen once fell by 2%. Gold drops over 3%, London copper drops over 4%.
What's Next for Bitcoin and Crypto Industry Following Trump's Victory in US Presidential Election
U.S. stock market close: Trump's trade sweeping the market, three major indexes hit historic highs together.
①Trump's election results exceeding expectations have boosted market sentiment, with all three major US stock indices hitting historic highs. Tesla surged by 14.75%, the six major US banks collectively hit new highs, most technology giants strengthened, and Bitcoin hit a record high. ②The photovoltaic and new energy sectors closely related to the concept of Harris' victory plummeted.
Bitcoin: How Donald Trump's 11 Crypto Promises Can Shape BTC's Future
Asian Equities Traded in the US as American Depositary Receipts Decline in Wednesday Trading
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Huang he : Unlikely
GaryDJ : If there is a possibility that Trump will go up.
70174176 OP : Refer to the trend from October 21 to November 25, 2020. The company's financial condition is good, and the analyst has also given a target price of $3. The bitcoin concept stock is just lying low. There is a high probability of rapid increase and selling out. Take profits when you see them, don't ride the roller coaster.
Huang he : If Trump takes office, Chinese concept stocks will be suppressed.
70174176 OP Huang he : The stocks are severely undervalued, and the company is based in Singapore. There will definitely be a surge before January next year.
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