#美国CPI数据即将公布

Cryptocurrency and politics: Reschenthaler bets on the "Trump effect"

U.S. Congressman Guy Reschenthaler's investment in cryptocurrency has attracted attention.

Trump is about to take office on January 20. He invested $45,000 in Bitcoin (BTC), Ripple (XRP) and Solana (SOL) from December 11 to 23, 2024.

Reschenthaler's move has attracted attention because he has not publicly commented on cryptocurrencies before and the timing of the investment is delicate. Traders believe that the value of cryptocurrencies will soar after Trump takes office.

Among them, Bitcoin rose by 61% after Trump's victory in the election on November 5. When the price fell back to $90,000, traders would quickly buy it. The support is strong and the investment is relatively safe.

Ripple has risen by 463% since the election. If Paul Atkins, who is friendly to cryptocurrencies, takes charge of the SEC and Ripple wins the case, Ripple will be more attractive.