Research: Trump's inauguration may be a short-term high point for the cryptocurrency market
The US presidential elect, Trump, will officially take office on January 20, 2025. Market research shows that the price of cryptocurrencies may adjust thereafter. According to data from Bloomberg and Macrobond Financial, the market usually performs strongly in the year of the US presidential election after the election but tends to cool down after the president takes office.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget has launched "Niulai" perpetual contracts, supporting up to 10x leverage.
Schnabel of the European Central Bank states that central bank money “must be on-chain”
HyperLabs applies to redeem 433,000 HYPE tokens worth $36.14 million
Cardano Hits 10,166% Liquidation Imbalance as Price Tests $0.2 Support
Crypto prices
More
