⚠️ For market information only; not investment advice. The Democrats have won both chambers of Congress, yet the crypto market has rebounded against the trend📈! The market initially thought that a change in congressional leadership would stall Trump’s flagship CLARITY Act, cooling the crypto sector. $BTC
The opposite happened: total crypto market capitalization surged to $2.61 trillion. On the one hand, the election results had already been priced in by the market; on the other, the Trump era’s lax regulation was accompanied by the chaos of family-issued tokens, and the sharp plunges in several tokens left investors feeling insecure.
Now that the Democrats are in power, they can rein in arbitrary regulatory laxity, making industry rules more stable. Combined with BTC’s bullish candlestick pattern, this rebound rally has already begun after the earlier oversold conditions. #BTC走势分析
The opposite happened: total crypto market capitalization surged to $2.61 trillion. On the one hand, the election results had already been priced in by the market; on the other, the Trump era’s lax regulation was accompanied by the chaos of family-issued tokens, and the sharp plunges in several tokens left investors feeling insecure.
Now that the Democrats are in power, they can rein in arbitrary regulatory laxity, making industry rules more stable. Combined with BTC’s bullish candlestick pattern, this rebound rally has already begun after the earlier oversold conditions. #BTC走势分析
