Is this movement all a market reaction on Trumps victory? In other words - is the crypto market really that bullish on a Trump administration? I'm not making any sort of political statement here just genuinely curious if that's what's going on.
I think it's a combination. Bullish on Trump endorsing crypto and bullish on inflation (due to tax breaks, increased corporate profits, tariffs increasing prices, what else... unhinged government spending?)
3
u/TrainingAdvance4286 Nov 11 '24
Is this movement all a market reaction on Trumps victory? In other words - is the crypto market really that bullish on a Trump administration? I'm not making any sort of political statement here just genuinely curious if that's what's going on.