Outperforming global major asset classes! Bitcoin has risen nearly 55% this year, how will the future unfold?
Analysts at Bernstein firmly believe that if Trump wins the presidential election next month, the price of bitcoin could reach $80,000 to $90,000, an increase of 20%-40% from current levels.
Italy raised taxes to 42%! However, bitcoin skyrocketed, breaking $68,000, with institutions throwing $25 billion to support!
Italy plans to increase the capital gains tax rate on bitcoin from 26% to 42% to address the fiscal deficit and fulfill campaign promises.
Trump, big comeback! Is the 'Trump trade' making a comeback?
"Trump trade" is gaining momentum. The long-dormant "Trump trade" seems to be making a comeback. Among them, the stock price of the Trump Media and Technology Group has been soaring, with the stock price skyrocketing over 15.5% on October 16th Eastern Time, a cumulative increase of over 166% compared to the September low. At the same time, the "Trump trade" is boosting the prices of bitcoin and the US dollar. On the news front, there has been a major turnaround in Trump's election prospects. As of October 16th local time, a latest nationwide poll released by Fox News shows Trump leading Harris by 50% to 48%, which is different from September.
Express News | Standard Chartered: Bitcoin has a 12% upside potential before the US presidential election.
No matter who takes over the White House, financial trading activities will pick up.
Whether it's Donald Trump or Kamala Harris taking office in the White House, the market generally expects financial trading activities to heat up, bringing good news to Citigroup, Goldman Sachs, JPMorgan, and other major banks.
Express News | According to the average of the betting market provided by the website RealClearPolitics that summarizes gambling odds, as of the evening of October 16th local time, Trump's chances of winning have reached 57.7%, the highest level since July 22, far ahead