Donald Trump’s Inauguration May Cause Short-Term Crypto High
The ‘Trump trade’ was already a success for the crypto industry and the stocks , but now the latest research suggests Donald Trump’s inauguration could be only ‘short time high for crypto’. As per the research, the bullish trends may cool-off as the President elect takes the office on January 20, 2025.
Historical Trends: Short-Term Crypto Surge post Donald Trump’s Inauguration
Based on the historical data during U.S. election years, it is predicted that the cryptocurrency market’s bullish momentum could face a slowdown after the inauguration of the President-elect Donald Trump.
Data from Bloomberg and Macrobond Financial indicates that markets tend to surge post-election but correct after…
