The crypto circle "Trump rally" continues! The monthly inflow of funds into the USA Bitcoin etf hits a record high.
①Benefiting from the promise of the newly elected US President Trump to implement a series of bullish policies for the cryptocurrency industry, US ETFs directly investing in bitcoin and ethereum are enjoying unprecedented demand; ②According to data compiled by the media, in the just past November, monthly net inflows of funds for bitcoin and ethereum ETFs both reached record highs, reaching $6.5 billion and $1.1 billion respectively.
Unprecedented! The entire Trump cabinet are cryptos enthusiasts, has the crypto party just begun?
The group of "cryptos investors" is also an important force entering Trump's cabinet.
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"Good news in the cryptocurrency circle? Coinbase executives: After Trump takes office, the crypto bill will be quickly approved."
①Coinbase's Chief Policy Officer predicts that after Trump takes office, the US Congress will quickly pass legislation to regulate the cryptos industry, as the Republican Party controls both houses and Trump supports cryptos; ② The US Congress is considering two key cryptos legislation: the "21st Century Financial Innovation and Technology Act" has passed the House, and the "Payment Stablecoin Clarity Act" is awaiting a vote in the House.
Bitcoin Falls. How the Crypto's Trump Rally Fizzled Out.
Bitcoin Enters Consolidation Phase Following Post-election Rally