This wave of bull market has not ended
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五味子
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Musk said that Ross Ulbricht, the founder of the dark web Silk Road, will be pardoned by President Trump. Ulbricht created Silk Road in 2011. 18% of drug buyers completed transactions through this platform, accounting for 90% of the global Bitcoin trading volume at the time. If Ulbricht had not been arrested, there would be no story of Zhao Changpeng and Binance. Ulbricht launched the world's largest Bitcoin market when the price of Bitcoin was only $0.50, and was later confiscated 200,000 Bitcoins by the US government. He was sentenced to double life imprisonment + no parole for 40 years. However, the trial process of Ross Ulbricht was far from fair. The DEA agents investigating the case stole 80,000 Bitcoins during this period. Worse, Ulbricht did not have the opportunity to call his own witnesses at the trial.
After Trump's inauguration speech, the US dollar fell against a basket of currencies, the 10-year US Treasury yield fell, and Bitcoin fell from its recent record high. Trump did not immediately announce widespread tariffs, which to some extent eased the pressure on the stock market.
After Trump returned to the White House, the U.S. stock market climbed on Tuesday. Previously, many companies released optimistic reports, and the White House did not immediately announce tariff measures. The three major U.S. stock indexes all rose by at least 0.6%, with the Dow Jones leading the gains with a 1.2% increase. The S&P 500 rose 0.9% and the Nasdaq Composite rose 0.6%.
BTC has been fluctuating frequently recently, with pins up and down. In fact, it has long been reminded that this wave of rising trends has been formed. Trump's trading time, as long as the sentiment extends, there will be about 40 days. The real big correction should be in mid-to-late February. In the cottage season, apart from the recent surge in sol, the old den represented by ETH has not performed brilliantly. Many cottages are waiting for BTC to have massive funds entering the market again, and then the water will overflow, blessing the younger brother.
From the current trend, Trump's coming to power should have new policy guidance and stimulation in the field of digital currency. Including the U.S. stock market, under the leadership of AI artificial intelligence and the gorgeous seven heroes, it is still a big pull. The cryptocurrency market is still rising sharply. At present, it is in a volatile state. If there is a spike, the copycats can enter the market in batches and hold the coins boldly. This bull market is not over.The best is yet to come.
After Trump's inauguration speech, the US dollar fell against a basket of currencies, the 10-year US Treasury yield fell, and Bitcoin fell from its recent record high. Trump did not immediately announce widespread tariffs, which to some extent eased the pressure on the stock market.
After Trump returned to the White House, the U.S. stock market climbed on Tuesday. Previously, many companies released optimistic reports, and the White House did not immediately announce tariff measures. The three major U.S. stock indexes all rose by at least 0.6%, with the Dow Jones leading the gains with a 1.2% increase. The S&P 500 rose 0.9% and the Nasdaq Composite rose 0.6%.
BTC has been fluctuating frequently recently, with pins up and down. In fact, it has long been reminded that this wave of rising trends has been formed. Trump's trading time, as long as the sentiment extends, there will be about 40 days. The real big correction should be in mid-to-late February. In the cottage season, apart from the recent surge in sol, the old den represented by ETH has not performed brilliantly. Many cottages are waiting for BTC to have massive funds entering the market again, and then the water will overflow, blessing the younger brother.
From the current trend, Trump's coming to power should have new policy guidance and stimulation in the field of digital currency. Including the U.S. stock market, under the leadership of AI artificial intelligence and the gorgeous seven heroes, it is still a big pull. The cryptocurrency market is still rising sharply. At present, it is in a volatile state. If there is a spike, the copycats can enter the market in batches and hold the coins boldly. This bull market is not over.The best is yet to come.
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