Yesterday spot Bitcoin 
$76,133 ETFThere was a record net inflow of 1.38 billion dollars. This development is reflected in the US elections Donald Trump‘s victory, combined with the 25 basis point Fed interest rate cut that the markets expected, caused the price of Bitcoin to rise to $ 77 thousand this morning. However QCP CapitalAccording to , some investors have begun to pull back from some positions in what is known as the “Trump effect.” This caused the US dollar to give back most of its post-election gains and Treasury bond yields to return to recent ranges following their volatile course.
The Impact of Trump’s Trade Policies on Bitcoin
The 60 percent rate that Trump plans to apply against China customs tariff While it creates uneasiness in the markets, investors also draw attention to the increasing public debt of the USA. this too BitcoinThis suggests that it may carry a lower risk premium compared to other risky assets. Therefore, the largest cryptocurrency is expected to perform better compared to more risky assets.
According to QCP Capital, expectations that Bitcoin will remain strong are also strengthening, especially considering the uncertainty created by Trump’s trade policies and the financial difficulties of the US economy.
Positive Cycle in Bitcoin and Increase in ETF Inflows
According to QCP Capital analysts, the current strong uptrend in Bitcoin could create a feedback loop among investors. Spot ETFThe increasing interest in cryptocurrencyWhile increasing the price of , this may encourage more individual investors and systematic fund purchases.
Analysts expect confidence in Bitcoin to increase as volatility decreases. Moreover, this high performance of the largest cryptocurrency at current price levels may encourage investors to make additional purchases, creating a serious “riding rise” environment in the market.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
