Bitcoin’s 30% Rally After the Election: Trump’s Unexpected Side‑Kick
It’s not just the ballot that’s been making waves—Bitcoin’s jump over 30% after the November verdict proves that Trump’s “trade” vibe is hitting the sweet spot for investors. With a fresh administration promising a chill regulatory vibe and tax perks, the market’s feeling the thrill.
Why the Crypto Crowd Is Craving the New Admin
- SEC Shake‑Up: Rumors of a reshaped SEC put Bitcoin on the radar of big‑name players.
- Reserve Asset Status: Folks are starting to see Bitcoin as a safety net for future markets.
- America First Upside: Trump’s focus on boosting U.S. economic confidence has turned the risk appetite into a ‘Go!’ signal.
Numbers That Paint the Picture
On November 7th, the day after the results, a spot Bitcoin ETF welcomed a $1.376 billion net inflow—an undeniable boost to the price action.
What’s Driving the Price?
- Fed’s recent rate cuts keep Bitcoin dancing above the $85,000 threshold.
- Profit‑taking remains moderate, meaning most investors are feeling the buzz.
Risks That Could Slow the Momentum
- Legislative Uncertainty: Until we see what the House and any party hurdles turn out to be, the full impact of Trump’s plans remains a mystery.
- Broader Economic Concerns: A stronger pledge to Trump could mean bigger deficits, higher inflation, and a smaller workforce of immigrant labor—factors that might drag down job markets and pull risk assets like Bitcoin under.
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