Trump is elected, bull market is coming! BTC is aiming at $150,000, will the rise in November surpass that in October?
After Trump announced his victory in the election in 2024, the stock market responded strongly, and the three major stock index futures of the US stock market rose by nearly 2%. So far, the S&P 500 index futures have risen by 1.86%, the Nasdaq 100 index futures have risen by 1.7%, and the Dow futures have soared by 875 points, an increase of 2.05%. The Russell 2000 index futures have soared by more than 4.78%. In addition, the yield on the 10-year US Treasury bond also rose to 4.41%, and the US bond market responded enthusiastically. The US dollar index rose by 1.53%, once rising to 105.19, setting a four-month high.
In this strong market environment, Bitcoin performed well, with an intraday increase of 7.1%. At present, BTC's bull market trend remains strong and is expected to continue to break through the $80,000 mark. Although there may be some corrections in the short term, considering the current favorable factors, the short-term adjustment has little impact on the market, and holders can continue to hold on and wait for a bigger breakthrough.
Ethereum is also affected by the positive impact of the market and is showing an upward trend. ETH may break through the $3,000 mark in this wave of market, and from the current strength of the rise, November may usher in a higher price, and the target of $3,400 or even higher can be expected. Historical data also shows that in the bull market, ETH's increase often exceeds BTC, so in this bull market, ETH is expected to perform stronger.
Mainstream currency:
BNB: Linked with the market trend, it is still bullish.
XRP: Ripple also showed a slight increase, and it is expected to have further upward momentum in the near future.
SOL: SOL prices have skyrocketed, and the trend is still strong. We continue to be optimistic about the upward trend linked to the market.
DOGE: Once the rising cycle of Dogecoin starts, it will last for a while, and there is still room for growth.
BCH: BCH's trend is also very strong, rising in conjunction with the market, and it continues to be bullish.
AR: After two months of washing, it is expected to usher in a strong pull-up in November.
UNI: UNI has risen sharply, but considering the rapid increase, there may be a correction in the short term.
OP: OP is still linked to Ethereum and is optimistic about its continued rise.
Summary:
Trump's victory is undoubtedly a major positive factor for the crypto market.
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