Over the past three months, Bitcoin (BTC) and Ethereum (ETH) have seen significant movements in the cryptocurrency market.
Bitcoin (BTC)
$ 94,898.00
-$2,456.00 (-2.52%) Last month
Ethereum
Ethereum (ETH) also saw notable changes.
Ethereum (ETH)
$3,344.20
-$369.11 (-9.94%) Last month
Analysis of currencies for the coming days, taking into account Donald Trump's inauguration:
Donald Trump's recent election as US President has brought optimism to the crypto market. Trump has promised to turn the US into the "cryptocurrency capital of the world" and is considering creating a strategic reserve of Bitcoin.
These prospects have boosted institutional interest and investor confidence.
For those struggling with the recent market crashes, it’s important to remember that volatility is an inherent characteristic of cryptocurrencies. Analysts suggest that with Trump’s inauguration on January 20, more favorable policies may be implemented, potentially benefiting the crypto market.
Caution and patience are advised. Staying informed about political and economic trends, as well as diversifying investments, can help mitigate risk. Remember that despite short-term fluctuations, the cryptocurrency market has shown resilience and long-term growth potential.
Personal recommendation: Buy on the dips and wait for the rally after Donald Trump takes office. Take advantage of today's significant drop.
