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Express News | Bitcoin has regained its position above 95,000 USD, and stocks related to the Cryptos Concept have risen in pre-market trading.
Cryptocurrency companies are showing goodwill one after another! They are offering million-dollar "gifts" to Trump’s inauguration.
The inauguration of President Trump, elected in the USA, is now迎来 a wave of donations, and the Cryptos industry has already contributed millions of dollars.
Why does Trump want to link with Bitcoin?
Trump was once a skeptic of Cryptos during the 1.0 era, but in the 2.0 era, he transitioned to being a strong advocate for "making the USA the crypto capital of the world." One main reason for this is that MAGA needed an alternative to maintain the dominance of the dollar, and Bitcoin has been given a unique mission that transcends technological development.
The price of Bitcoin has been under pressure for several consecutive days, with bearish factors involving the USA Department of Justice and Musk.
① Concerns regarding the USA government's handling of the involved Bitcoin have once again triggered short-term price fluctuations; ② Musk commented this week that if the dollar inflation problem is resolved, then the dollar price of Cryptos should fall. ③ The ongoing expectation of tightening dollar liquidity is also putting pressure on alternative Assets.
Beware of these "four fires" on Trump's first day in office!
On the first day of Trump's presidency, significant actions will be taken on tariffs, Cryptos, Energy, and immigration issues.
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The Trump team is reportedly considering declaring a national economic emergency to implement high and widespread tariffs; Bearish surprise! A single remark from NVIDIA CEO Jensen Huang triggered a collective drop in USA quantum computing stocks.
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