The "Trump Effect" Reignited the Crypto Market: BTC Prices Soared After the 2024 Bitcoin Conference, Market Trends Arouse Hot Discussions

With the grand convening of the 2024 Bitcoin Conference, the price of Bitcoin (BTC) has ushered in a strong momentum of continuous rise. Especially after former President Trump’s speech, the entire cryptocurrency market has recovered significantly. The "Trump Trade" phenomenon has re-emerged and has become an important reference for many investors' strategies. The so-called "Trump trade" refers to the investment behavior of investors based on Trump's policy expectations. Among them, the long strategy in the cryptocurrency market is particularly significant. Behind this is the possible changes in the asset market under Trump's administration. Optimistic expectations.

Trump’s speech at the Bitcoin Conference undoubtedly gave crypto investors a shot in the arm, and market confidence increased significantly. As of now, the price of BTC is approaching the $70,000 mark, showing strong potential to surpass historical highs. However, at the same time, as Vice President Harris’s campaign has made the US presidential debate once again confusing, the market’s predictions about the true effectiveness of the “Trump encryption effect” and the market trend of encryption + exchange Junyang: 954737157 in the second half of the year are also unclear. Full of uncertainty. Against this background, analysts from major authoritative institutions have expressed their opinions and added a bit of complexity to the market. $CVP $CVX $BOME #比特币大会 #美国以太坊现货ETF开始交易